Is Do-Fluoride New Materials Co Ltd halal to invest in?

As of September 2026, Do-Fluoride New Materials Co Ltd 002407.SZ is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Do-Fluoride New Materials 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 Do-Fluoride New Materials Co Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Do-Fluoride New Materials Co Ltd?

Muslim investors may consider investing in Do-Fluoride New Materials 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 Do-Fluoride New Materials Co Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Do-Fluoride New Materials 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 Do-Fluoride New Materials Co Ltd updated?

The Shariah compliance status of Do-Fluoride New Materials Co Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Do-Fluoride New Materials 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 Do-Fluoride New Materials Co Ltd?

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

Do-Fluoride New Materials Co Ltd 002407.SZ

Last Updated: Sep 04, 12:00 AM·SZSE

002407.SZ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Do-Fluoride New Materials Co Ltd is classified as not halal.

NOT HALAL

Report Source: undefined Quarter Report

Do-Fluoride New Materials Co Ltd. Stock Analysis 002407.SZ

China Materials Mid Cap

Do-Fluoride New Materials Co., Ltd. engages in the research, development, production, sales of inorganic fluorides, electronic chemicals, lithium-ion batteries, materials, and new energy vehicles. The company is headquartered in Jiaozuo, Henan and currently employs 8,040 full-time employees. The company went IPO on 2010-05-18. The firm mainly provides cryolite, anhydrous aluminum fluoride, anhydrous hydrofluoric acid and lithium hexafluorophosphate, among others. The firm's cryolite products are primarily used as slagging medium in aluminum electrolysis, wearproof filter of rubber and grinding wheel, as well as slagging medium in ceramics and glass manufacturing. Its aluminum fluoride products are mainly used as slagging medium in aluminum electrolysis, inhibitor in alcohol manufacturing, fusing agent of nonferrous metal, as well as slagging medium of ceramic glaze and porcelain enamel. In addition, the Company also engaged in the selling, leasing, and maintenance services of vehicle related business. The firm distributes its products in domestic and overseas markets.