No. As of October 2026, Xiamen Tungsten Co Ltd (600549.SS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Xiamen Tungsten Co Ltd does not pass Musaffa's business and financial screening criteria.
Xiamen Tungsten Co., Ltd. engages in the research, development, production and sale of new energy materials. The firm operates its businesses through four segments. The Tungsten, Molybdenum and Other Nonferrous Metal Products segment is mainly engaged in tungsten mining, tungsten smelting, tungsten powder, tungsten wire and cemented carbide deep processing, as well as molybdenum smelting and molybdenum powder processing. The Rare Earth Business segment is mainly engaged in rare earth mining and smelting separation, as well as rare earth product processing. The Battery Materials segment is mainly engaged in the research and development, production and sales of new energy battery materials. The Real Estate and Supporting Management segment is mainly engaged in real estate development and operation management. The firm mainly operates its businesses in the domestic and overseas markets.
Xiamen Tungsten Co Ltd 600549.SS
Last Updated: Oct 09, 12:00 AM·SSE
600549.SS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Xiamen Tungsten Co Ltd is classified as not halal.
China Materials Large Cap