Is Alibaba Health (0241) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 9.8% / 30% | 1.3% / 30% | 1.52% / 5% | ✓ HALAL |
| DJIM | 0.0% / 33% | 9.8% / 33% | 1.3% / 33% | 1.52% / 5% | ✓ HALAL |
| MSCI | 0.2% / 33% | 38.2% / 33% | 4.9% / 33% | 1.52% / 5% | ✗ NOT HALAL |
| S&P | 0.0% / 33% | 9.8% / 33% | 1.3% / 33% | 1.52% / 5% | ✓ HALAL |
| FTSE | 0.2% / 33% | 38.2% / 33% | 4.9% / 50% | 1.52% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 24.5% | |
| Operating Margin | 6.7% | |
| Net Margin | 5.8% | |
| Return on Equity (ROE) | 11.8% | |
| Return on Assets (ROA) | 5.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.4B |
| Free Cash Flow | $1.4B |
| Total Debt | $36M |
| Debt-to-Equity | 0.4 |
| Current Ratio | 2.7 |
| Total Assets | $21.2B |
Price & Trading
| Last Close | HKD 4.70 |
| 50-Day MA | HKD 5.78 |
| 200-Day MA | HKD 5.62 |
| Avg Volume | 130.4M |
| Beta | 1.7 |
|
52-Week Range
HKD 3.85
| |
About Alibaba Health (0241)
Alibaba Health Information Technology Limited, an investment holding company, engages in the pharmaceutical direct sales, pharmaceutical e-commerce platform, and healthcare and digital services businesses in Mainland China and Hong Kong. The company offers a range of prescription and over-the-counter drugs, nutritional supplements, medical devices, contact lenses, healthcare food, adult and family planning products, and various other health-related products. It also provides medical and healthcare services, including medical checkups, medical consultation, appointment-booking, vaccination, dental and mental care, optometry, and nursing services, as well as traditional chinese medicines. The company provides products and services to business-to-customer and business-to-business customers through offline pharmacy outlets, as well as online stores, such as Tmall, Taobao, Alipay, Ele.me, AMap, DingTalk, Freshippo, and Quark. In addition, it engages in the digital tracking business; asset management; network hospital, software technical services, healthcare related internet information and technical services and research; operation of internet hospitals, as well as Alibaba Health, flagship platform of Alibaba Group for integrated online and offline medical and healthcare resources, providing one-stop healthcare solutions. The company was formerly known as CITIC 21CN Company Limited and changed its name to Alibaba Health Information Technology Limited in September 2014. Alibaba Health Information Technology Limited was incorporated in 1998 and is based in Causeway Bay, Hong Kong.
Purification Calculator
As a halal stock with 1.52% impermissible income, you need to purify your dividends.
Related Halal Stocks in Healthcare
Frequently Asked Questions
Is Alibaba Health (0241) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Alibaba Health is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Alibaba Health's debt ratio?
Alibaba Health's debt ratio is 0.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.2%.
Does Alibaba Health require dividend purification?
Yes, Alibaba Health has an impermissible income ratio of 1.52%, which means 1.52% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Alibaba Health's key financial metrics?
Alibaba Health has a market capitalization of $77.1B, trailing P/E ratio of 34.1, and revenue of $30.6B. The company maintains a gross margin of 24.5% and a net margin of 5.8%. Return on equity stands at 11.8%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.