As of August 2026, COSCO SHIPPING Development Co Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
COSCO SHIPPING Development Co Ltd. Stock Analysis CITAY
United States Industrials Mid Cap
COSCO SHIPPING Development Co Ltd is a CN-based company operating in Trading Companies & Distributors industry. The company is headquartered in Shanghai, Shanghai and currently employs 16,581 full-time employees. The company went IPO on 2004-06-16. COSCO SHIPPING Development Co Ltd is a China-based company mainly engaged in container manufacturing. The firm mainly operates in three segments. The Container Manufacturing Business segment is engaged in manufacturing and selling containers. The Shipping Leasing and Container Leasing Business segment provides vessel chartering, container leasing and finance lease business. The Investment Management Business segment focuses on equity or debt investment. The firm mainly conducts its businesses in domestic and foreign markets.
COSCO SHIPPING Development Co Ltd (CITAY) Chart
Financial Metrics & Statements of COSCO SHIPPING Development Co Ltd (CITAY)
FAQ's for COSCO SHIPPING Development Co Ltd (CITAY)
As of August 2026, COSCO SHIPPING Development Co Ltd CITAY is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes COSCO SHIPPING Development Co Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in COSCO SHIPPING Development 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.
Musaffa determines the Shariah status of COSCO SHIPPING Development Co Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of COSCO SHIPPING Development Co Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of COSCO SHIPPING Development Co Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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