Halal Bourse

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Is HONG YUAN HOLDING GROUP (HGYN) stock halal?

Questionable

Debt and investments below the thresholds; interest income not published: the last criterion remains to be verified.

This verdict follows the median view, that of AAOIFI Standard No. 21. It is based on the financial statements for the fiscal year ended 12/31/2025.

Open the evidence file

The ratios

CriterionMeasureThresholdResult
Interest-bearing debt0% of market capitalization30%within threshold
Interest-bearing investments0% of market capitalization30%within threshold
Impermissible incomenot published5%to be verified

Standard: AAOIFI, Standard No. 21.

Margin to threshold and trend

ItemRatio (fiscal year end)Threshold (AAOIFI, Standard No. 21)MarginChange since year endEstimated ratio
Interest-bearing debt0%30%30%not read—
Interest-bearing investments0%30%30%-20.2%0%

Change read from the quarterly financial statements filed with the SEC (form 10-Q ended 06/30/2026, 2 quarters after fiscal year end), with the same reader on both dates. The estimated ratio applies this change to the annual ratio, with market capitalization unchanged: it is an estimate, not a verdict. "On watch" flags a permitted company whose estimated ratio reaches the threshold, or is within 5 points of the threshold and rising. This is neither a forecast nor advice.

The three views

Business activity

Plastic Materials, Synth Resins & Nonvulcan Elastomers (SIC code 2821)

Financial statements read

Fiscal year ended 12/31/2025, in millions of dollars. Source: SEC EDGAR: annual reports of HONG YUAN HOLDING GROUP.

What could not be verified

Status history

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In the same sector

Compliance comparison only: no opinion on the value of these securities.

General information: neither investment advice nor a fatwa. Verdict calculated by published rules, from financial statements read automatically and not reviewed by a human. Read the methodology