Is Shandong Linglong Tyre Co Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Shandong Linglong Tyre Co Ltd (601966.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 Shandong Linglong Tyre 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 Shandong Linglong Tyre Co Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shandong Linglong Tyre Co Ltd?

Muslim investors may consider investing in Shandong Linglong Tyre 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 Shandong Linglong Tyre Co Ltd classified as NOT COVERED?

Musaffa determines the Shariah status of Shandong Linglong Tyre 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 Shandong Linglong Tyre Co Ltd updated?

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

Can a halal stock like Shandong Linglong Tyre 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 Shandong Linglong Tyre Co Ltd?

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

Shandong Linglong Tyre Co Ltd 601966.SS

Last Updated: May 15, 12:00 AM·SSE

Shandong Linglong Tyre Co Ltd. Stock Analysis 601966.SS

China Consumer Discretionary Mid Cap

Shandong Linglong Tyre Co., Ltd. engages in the research, design, development, manufacture and sale of tire. The company is headquartered in Yantai, Shandong and currently employs 17,388 full-time employees. The company went IPO on 2016-07-06. The firm's main products are passenger and light truck radial tires, truck and bus radial tires and off-road tires, which are mainly used in passenger cars, commercial vehicles and construction machinery vehicles. The main brands are Linglong‘, ‘Leo’, ‘ATLAS’, ‘EVOLUXX’, ‘GREEN MAX’ and ‘CROSS WIND’.

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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