Is Ningbo Xianfeng New Material Co Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Ningbo Xianfeng New Material Co Ltd (300163.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 Ningbo Xianfeng New Material 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 Ningbo Xianfeng New Material Co Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Ningbo Xianfeng New Material Co Ltd?

Muslim investors may consider investing in Ningbo Xianfeng New Material 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 Ningbo Xianfeng New Material Co Ltd classified as NOT COVERED?

Musaffa determines the Shariah status of Ningbo Xianfeng New Material 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 Ningbo Xianfeng New Material Co Ltd updated?

The Shariah compliance status of Ningbo Xianfeng New Material Co Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Ningbo Xianfeng New Material 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 Ningbo Xianfeng New Material Co Ltd?

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

Ningbo Xianfeng New Material Co Ltd 300163.SZ

Last Updated: May 15, 12:00 AM·SZSE

Ningbo Xianfeng New Material Co Ltd. Stock Analysis 300163.SZ

China Consumer Discretionary Small Cap

Ningbo Xianfeng New Material Co., Ltd. engages in the manufacture and development of screen fabrics, blackouts, and other technical sun-shading materials. The company is headquartered in Ningbo, Zhejiang. The company went IPO on 2011-01-13. The firm's main products include sunshine fabrics, coated fabrics and aluminized fabrics. The firm is also involved in the manufacture and sale sunshades, such as roller blinds, vertical blinds, curtains, awnings, upholstery and related accessories. The firm distributes its products in domestic market and to overseas markets.

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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