Is Yongyue Science & Technology Co Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Yongyue Science & Technology Co Ltd (603879.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 Yongyue Science & Technology 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 Yongyue Science & Technology Co Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Yongyue Science & Technology Co Ltd?

Muslim investors may consider investing in Yongyue Science & Technology 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 Yongyue Science & Technology Co Ltd classified as NOT COVERED?

Musaffa determines the Shariah status of Yongyue Science & Technology 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 Yongyue Science & Technology Co Ltd updated?

The Shariah compliance status of Yongyue Science & Technology Co Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Yongyue Science & Technology 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 Yongyue Science & Technology Co Ltd?

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

Yongyue Science & Technology Co Ltd 603879.SS

Last Updated: May 15, 12:00 AM·SSE

Yongyue Science & Technology Co Ltd. Stock Analysis 603879.SS

China Materials Small Cap

Yongyue Science & Technology Co., Ltd. engages in the development, production, and sale of synthetic resins. The company is headquartered in Quanzhou, Fujian and currently employs 157 full-time employees. The company went IPO on 2017-06-14. The firm conducts its business through two segments. The Unsaturated Polyester Resin segment is engaged in the production and sales of synthetic resins. The Intelligent Unmanned Aerial Vehicle segment is engaged in the production and sales of intelligent unmanned aerial vehicles. The firm primarily distributes its products in the 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!

Disclaimer

The content provided on this website is intended solely for informational and educational purposes. Musaffa is a technology, data, education, and research company. We are not licensed financial service provider by the authorized relevant financial service regulator in India or any other regulatory government body, and we do not offer or facilitate any trading, brokerage, investment, or financial advisory services. We do not deliberately target an audience seeking financial services.

By accessing this website, you acknowledge and confirm that you are seeking information relating to Musaffa of your own accord, and that there has been no form of solicitation, advertisement, or inducement by Musaffa or its members. Musaffa shall not be liable for the consequences of any action taken by relying on the material or information provided on this website. The contents of this website are the intellectual property of Musaffa.

I accept the above