Zhejiang Expressway Co., Ltd. is an investment holding company, which engages in the design, construction, operation, maintenance and management of roads. The company is headquartered in Hangzhou, Zhejiang and currently employs 11,680 full-time employees. The firm mainly operates its business through three segments. The Toll Operation segment is engaged in the operation and management of high grade roads and the collection of the expressway tolls. The Securities Operation segment is engaged in the securities and future broking, margin financing and securities lending, securities underwriting and sponsorship, asset management, advisory services and proprietary trading. The Others segment is engaged in the hotel operation, high grade road construction, investment in other financial institutions and other ancillary services. The firm mainly conducts its businesses in the domestic market.
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As of August 2026, Zhejiang Expressway Co Ltd ZHEXF 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 Zhejiang Expressway Co Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Zhejiang Expressway 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 Zhejiang Expressway 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 Zhejiang Expressway 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 Zhejiang Expressway Co Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.