Is Jiangxi Sunshine Dairy Co Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Jiangxi Sunshine Dairy Co Ltd (001318.SZ) is currently classified as NOT COVERED as of June 2022. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Jiangxi Sunshine Dairy Co Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Jiangxi Sunshine Dairy Co Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Jiangxi Sunshine Dairy Co Ltd?

Muslim investors may consider investing in Jiangxi Sunshine Dairy Co Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Jiangxi Sunshine Dairy Co Ltd classified as NOT COVERED?

Musaffa determines the Shariah status of Jiangxi Sunshine Dairy Co Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Jiangxi Sunshine Dairy Co Ltd updated?

The Shariah compliance status of Jiangxi Sunshine Dairy Co Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Jiangxi Sunshine Dairy Co Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Jiangxi Sunshine Dairy Co Ltd?

You can check the latest Shariah compliance status of Jiangxi Sunshine Dairy Co Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Jiangxi Sunshine Dairy Co Ltd 001318.SZ

Last Updated: May 15, 12:00 AM·SZSE

Jiangxi Sunshine Dairy Co Ltd. Stock Analysis 001318.SZ

China Consumer Staples Micro Cap

Jiangxi Sunshine Dairy Co., Ltd. engages in the research, development, production, and sale of dairy products. The company is headquartered in Nanchang, Jiangxi and currently employs 975 full-time employees. The company went IPO on 2022-05-20. The firm's products mainly include low temperature dairy product series, low temperature milk beverage series, normal temperature dairy product series, and normal temperature milk beverage series. Its products are packaged in glass bottles, boxes, cups and bags. The firm's brands mainly include Sunshine and Daily Sunshine. The firm mainly conducts its businesses in the domestic market.

Shariah Compliance Report

An extensive business and financial screening of the company which specifies why a stock is halal or haram!

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