No. As of September 2026, Dada Nexus Ltd (DADA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Dada Nexus Ltd does not pass Musaffa's business and financial screening criteria.
Dada Nexus Ltd. engages in the provision of platform for local on-demand retail and delivery in China. The company is headquartered in Shanghai, Shanghai and currently employs 2,159 full-time employees. The company went IPO on 2020-06-05. The Company’s main platforms are JD-Daojia (JDDJ) and Dada Now. JDDJ is an on-demand retail platform operated in China. The company facilitates digitalized transformation for retailers and brand owners on selling products through online channels. Dada Now is a China-based on-demand delivery platform using a crowdsourcing model to process on-demand delivery orders. The two platforms combined can deliver a range of products, including the goods from supermarkets and convenience stores, fresh fruits and vegetables and drugs, to the customers.
Dada Nexus Ltd DADA
$1.96 $0.03 (1.26%) 1D
Last Updated: Jun 17, 12:00 AM·XDUS
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DADA Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Dada Nexus Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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FAQ's for Dada Nexus Ltd (DADA)
As of September 2026, Dada Nexus Ltd DADA 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 Dada Nexus Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Dada Nexus 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 Dada Nexus 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 Dada Nexus 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 Dada Nexus Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Dada Nexus Ltd (DADA)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.