Is Grace Fabric Technology (603256.SS) stock halal?
Screened against AAOIFI Shari’ah Standard 21
Yes. Grace Fabric Technology (603256.SS) passes the AAOIFI Shari’ah Standard 21 screen. Interest-bearing debt is 2.0% of its 36-month average market value (limit: under 30%), and prohibited income is 0.2% of revenue (limit: 5%). Last checked 25 September 2026.
Grace Fabric Technology is compliant under Halal / Islamic guidelines
AAOIFI Shari’ah Standard 21 Financial Audit
Figures from the latest annual report (the SEC filing or, for European companies, the ESEF annual report, where one exists, checked against Yahoo Finance) and a 36-month average market value.
| Test | Standard Limit | Actual Figure | Status |
|---|---|---|---|
| Main business | — | — | Pass |
| Interest-bearing debt | 30% | 2.05% | Pass |
| Cash and interest-bearing investments | 30% | 0.56% | Pass |
| Prohibited income | 5% | 0.22% | Pass |
| Not just cash and debts | 90% | 20.96% | Pass |
Get an email when verdicts change
One email a month. No spam, unsubscribe any time.
Frequently Asked Questions about Grace Fabric Technology Co.,Ltd. (603256.SS)
Is Grace Fabric Technology (603256.SS) stock halal?▾
Yes. Grace Fabric Technology (603256.SS) passes the AAOIFI Shari’ah Standard 21 screen. Interest-bearing debt is 2.0% of its 36-month average market value (limit: under 30%), and prohibited income is 0.2% of revenue (limit: 5%). Last checked 25 September 2026.
What is Grace Fabric Technology's debt ratio under Islamic finance standards?▾
Under AAOIFI Shari’ah Standard 21, interest-bearing debt must stay under 30% of a company's 36-month average market value. Grace Fabric Technology's ratio is about 2.0%.
How much dividend purification is required for Grace Fabric Technology (603256.SS) stock?▾
Under AAOIFI Shari’ah Standard 21, shareholders should give away the part of their income that comes from prohibited sources: CN¥0.0028 per share for the latest financial year. The amount goes to charity, without counting it as one's own donation.
Does Grace Fabric Technology operate in prohibited business activities?▾
AAOIFI Shari’ah Standard 21 excludes companies whose main business is prohibited, such as alcohol, pork, gambling, conventional interest-based finance and adult entertainment. Grace Fabric Technology's main business is checked against these. For companies that file with the US SEC, revenue by division is also read from the filing, so a division in a prohibited business is counted. Where the check cannot be settled, the result is shown as Needs Review rather than guessed.
Other Halal & Shariah-compliant Basic Materials Stocks
Explore other screened equities in the Basic Materials sector.
Track your entire portfolio for Halal / Islamic compliance
Check whether your stocks, ETFs, and 401(k) holdings comply with AAOIFI Shari’ah Standard 21. Save stocks and keep every holding’s verdict in one place.