Is Qingdao Sentury Tire Co Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Qingdao Sentury Tire Co Ltd (002984.SZ) is currently classified as NOT COVERED as of May 2026. 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 Qingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Qingdao Sentury Tire Co Ltd?

Muslim investors may consider investing in Qingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd classified as NOT COVERED?

Musaffa determines the Shariah status of Qingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd updated?

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

Can a halal stock like Qingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd?

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

Qingdao Sentury Tire Co Ltd 002984.SZ

Last Updated: May 15, 12:00 AM·SZSE

Qingdao Sentury Tire Co Ltd. Stock Analysis 002984.SZ

China Consumer Discretionary Mid Cap

Qingdao Sentury Tire Co., Ltd. engages in the research, development, production, and sale of passenger car radial tires and aircraft tires. The company is headquartered in Qingdao, Shandong and currently employs 3,935 full-time employees. The company went IPO on 2020-09-11. The firm's main products are semi-steel radial tires, full-steel radial tires and aircraft tires. The firm's products are mainly for passenger cars, sports utility vehicles (SUV), commercial vehicles, off-road vehicles, racing cars and other fields. The firm's main brands include SENTURY, LANDSAIL, DELINTE and GROUNDSPEED.

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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