Is Guizhou Wire Rope Co Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Guizhou Wire Rope Co Ltd (600992.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 Guizhou Wire Rope 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 Guizhou Wire Rope Co Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Guizhou Wire Rope Co Ltd?

Muslim investors may consider investing in Guizhou Wire Rope 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 Guizhou Wire Rope Co Ltd classified as NOT COVERED?

Musaffa determines the Shariah status of Guizhou Wire Rope 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 Guizhou Wire Rope Co Ltd updated?

The Shariah compliance status of Guizhou Wire Rope Co Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Guizhou Wire Rope 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 Guizhou Wire Rope Co Ltd?

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

Guizhou Wire Rope Co Ltd 600992.SS

Last Updated: May 15, 12:00 AM·SSE

Guizhou Wire Rope Co Ltd. Stock Analysis 600992.SS

China Materials Small Cap

Guizhou Wire Rope Co., Ltd. engages in the production, processing, and marketing of wire rope, wire, strand, and related product materials & equipment. The company is headquartered in Zunyi, Guizhou and currently employs 3,395 full-time employees. The company went IPO on 2004-05-14. The firm's main products include steel wire, wire rope and steel strand. The firm sells carbon steel wire for non-mechanical springs, steel strand for prestressed concrete, steel wire for tire beads, steel wire rope and other products through the Julong brand. 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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