No. As of October 2026, Huaibei Mining Holdings Co Ltd (600985.SS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Huaibei Mining Holdings Co Ltd does not pass Musaffa's business and financial screening criteria.
Huaibei Mining Holdings Co., Ltd. engages in the production and sale of industrial explosives and detonators. The company is headquartered in Huaibei, Anhui and currently employs 39,570 full-time employees. The company went IPO on 2004-04-28. The firm's main business includes coal mining, washing, processing and sales, and the production and sales of coal chemical products. The firm's coal products mainly include coking clean coal and thermal coal. The main use of coking clean coal is to refine coke, and the main use of thermal coal is to provide power heat source for heating, power generation, building materials, chemical industry, etc. The firm's coal chemical products mainly include coke and ethanol, and the remaining products include tar, refined benzene, dimethyl carbonate.
Huaibei Mining Holdings Co Ltd 600985.SS
Last Updated: Oct 15, 12:00 AM·SSE
600985.SS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Huaibei Mining Holdings Co Ltd is classified as not halal.
China Materials Mid Cap