Jl Mag Rare-Earth Co Ltd is a CN-based company operating in Electrical Equipment industry. The company is headquartered in Ganzhou, Jiangxi and currently employs 7,302 full-time employees. The company went IPO on 2018-09-21. Jl Mag Rare-Earth Co Ltd is a China-based company mainly engaged in the manufacture and sale of high-performance NdFeB magnets. The firm is engaged in the research and development, production and sale of high-performance NdFeB permanent magnet materials, magnetic components and the recycling and comprehensive utilization of rare earth permanent magnet materials. The firm's products are used in new energy vehicles and auto parts, energy-saving variable frequency air conditioners, wind power generation, 3C, robots and industrial servo motors, energy-saving elevators, rail transportation and other fields.
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As of August 2026, Jl Mag Rare-Earth Co Ltd JMREY is classified as not covered 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 Jl Mag Rare-Earth Co Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Jl Mag Rare-Earth 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 Jl Mag Rare-Earth 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 Jl Mag Rare-Earth 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 Jl Mag Rare-Earth 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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