No. As of October 2026, Grandblue Environment Co Ltd (600323.SS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Grandblue Environment Co Ltd does not pass Musaffa's business and financial screening criteria.
Grandblue Environment Co., Ltd. engages in the municipal waste treatment and energy supply. The company is headquartered in Foshan, Guangdong and currently employs 23,443 full-time employees. The company went IPO on 2000-12-25. The firm is also engaged in energy business, water supply business and drainage business. The solid waste treatment business focuses on the incineration of domestic waste to generate electricity, and the treatment of pollution sources such as food waste, sludge, industrial waste, agricultural waste, medical waste, large garbage, and garden waste. The energy business includes multi-energy supply businesses such as pipeline natural gas, bottled gas, and hydrogen. The water supply business has a full industrial chain of water supply services, including water intake, water production, water delivery to end customer service. The drainage business has a full industrial chain of drainage services including pipeline network maintenance, pump station management, and sewage treatment plant operation management.
Grandblue Environment Co Ltd 600323.SS
Last Updated: Sep 30, 12:00 AM·SSE
600323.SS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Grandblue Environment Co Ltd is classified as not halal.
China Utilities Mid Cap