Is Hangzhou First Applied Material Co Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Hangzhou First Applied Material Co Ltd (603806.SS) is currently classified as HALAL as of September 2025. 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 Hangzhou First Applied Material 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 Hangzhou First Applied Material Co Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Hangzhou First Applied Material Co Ltd?

Muslim investors may consider investing in Hangzhou First Applied Material 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 Hangzhou First Applied Material Co Ltd classified as HALAL?

Musaffa determines the Shariah status of Hangzhou First Applied Material 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 Hangzhou First Applied Material Co Ltd updated?

The Shariah compliance status of Hangzhou First Applied Material Co Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Hangzhou First Applied Material 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 Hangzhou First Applied Material Co Ltd?

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

Hangzhou First Applied Material Co Ltd 603806.SS

Last Updated: May 15, 12:00 AM·SSE

603806.SS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: September 10, 2025

Report Source: 2025 1st Quarter Report

Hangzhou First Applied Material Co Ltd. Stock Analysis 603806.SS

China Information Technology Mid Cap Report: Q1, 2025

Hangzhou First Applied Material Co., Ltd. engages in the research, development, production, and sale of photovoltaic packaging materials. The company is headquartered in Hangzhou, Zhejiang and currently employs 4,555 full-time employees. The company went IPO on 2014-09-05. The firm's main products include ethylene-vinyl acetate copolymer (EVA) film, hot melt film, backplane, olefin film, solar power generation system and hot melt mesh film. The firm is also engaged in photovoltaic power generation business, as well as providing textile materials and electronic materials. The firm sells products in domestic and foreign markets.

Shariah Compliance Report

An extensive business and financial screening of the company which specifies why a stock is halal or haram!

Hangzhou First Applied Material Co Ltd 603806.SS

HALAL

Hangzhou First Applied Material Co Ltd. Stock Analysis 603806.SS

Shariah Compliance Report

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