Lizhan Environmental Corp. engages in the manufacture, distribution, and marketing of synthetic leather and other fabrics. The company is headquartered in Jiaxing, Zhejiang and currently employs 515 full-time employees. The company went IPO on 2010-11-19. The firm through its subsidiaries, primarily engages in the manufacture, distribution and marketing of synthetic leather and other fabrics, which are used in the production of residential and office furniture, garments and automotive upholstery products. Its products are used in various consumer applications, as the Company sells its products to furniture, automotive upholstery and garment manufacturers, as well as fabric distributors. The firm manufactures and sells synthetic leather fabrics, which consist of ultrasuede and recycled leather flocked fabric and Other fabrics, which consist of microfiber towel and tufted fabrics. The firm also manufacture and sell the flocking powder, suede fabric, short hair velvet and beehive punched cotton.
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As of August 2026, Lizhan Environmental Corp LZENF 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 Lizhan Environmental Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Lizhan Environmental Corp 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 Lizhan Environmental Corp 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 Lizhan Environmental Corp 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 Lizhan Environmental Corp 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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