Sheng Siong Group Ltd SHSGF
SHSGF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Sheng Siong Group Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Sheng Siong Group Ltd. Stock Analysis SHSGF
Sheng Siong Group Ltd. is an investment holding company, which engages in the provision of supermarket supplies and supermarket operations. The firm is principally engaged in operating the Sheng Siong Groceries Chain, consisting of approximately 82 outlets all across the island. The outlets are designed to provide its customers with both wet and dry shopping options, including an assortment of live, fresh and chilled produce, such as seafood, meat and vegetables, in addition to processed, packaged and/or preserved food products as well as general merchandise such as toiletries and essential household products. The firm has developed a selection of house brands to offer customers alternatives to national brands at savings. Sheng Siong offers over 1,750 products under its 25 house brands, ranging from food products to paper goods. The firm's subsidiaries include C M M Marketing Management Pte Ltd and Sheng Siong Supermarket Pte Ltd. C M M Marketing Management Pte Ltd is engaged in the trading of general and wholesale imports and exports.
Sheng Siong Group Ltd (SHSGF) Chart
Financial Metrics & Statements of Sheng Siong Group Ltd (SHSGF)
FAQ's for Sheng Siong Group Ltd (SHSGF)
- As of August 2026, Sheng Siong Group Ltd SHSGF 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 Sheng Siong Group Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Sheng Siong Group 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 Sheng Siong Group 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 Sheng Siong Group 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 Sheng Siong Group 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 Sheng Siong Group Ltd (SHSGF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
| Name | Price | 1D Change | Market Cap | Rating | |
|---|---|---|---|---|---|
Sino Green Land Corp SGLA | $6.00 | 42.18% | $453.86M | Unlock | |
G Willi Food International Ltd WILC | $27.88 | 3.50% | $376.40M | Unlock | |
Hongchang International Co Ltd HCIL | $0.12 | 0.00% | $60.70M | Unlock |
