Is Zhejiang Guyuelongshan Shaoxing Wine Co Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Zhejiang Guyuelongshan Shaoxing Wine Co Ltd (600059.SS) 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 Zhejiang Guyuelongshan Shaoxing Wine 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 Zhejiang Guyuelongshan Shaoxing Wine Co Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Zhejiang Guyuelongshan Shaoxing Wine Co Ltd?

Muslim investors may consider investing in Zhejiang Guyuelongshan Shaoxing Wine 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 Zhejiang Guyuelongshan Shaoxing Wine Co Ltd classified as NOT COVERED?

Musaffa determines the Shariah status of Zhejiang Guyuelongshan Shaoxing Wine 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 Zhejiang Guyuelongshan Shaoxing Wine Co Ltd updated?

The Shariah compliance status of Zhejiang Guyuelongshan Shaoxing Wine Co Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Zhejiang Guyuelongshan Shaoxing Wine 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 Zhejiang Guyuelongshan Shaoxing Wine Co Ltd?

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

Zhejiang Guyuelongshan Shaoxing Wine Co Ltd 600059.SS

Last Updated: May 15, 12:00 AM·SSE

Zhejiang Guyuelongshan Shaoxing Wine Co Ltd. Stock Analysis 600059.SS

China Consumer Staples Small Cap

Zhejiang Guyuelongshan Shaoxing Wine Co., Ltd. engages in the manufacture, development, and sale of alcoholic beverages. The company is headquartered in Shaoxing, Zhejiang and currently employs 2,172 full-time employees. The firm produces rice wine base, bottled rice wine, and a small amount of fruit wine and white wine. The firm sells its products under the brands of Gu Yue Long Shan, Nv Er Hong, Zhuang Yuan Hong, Shen Yong He and Jian Hu. The firm is also engaged in the manufacture and sale of glass products. The firm mainly operates its businesses in the domestic and 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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