Is 0388 (0388) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Financial Data & Stock Exchanges | ✗ NOT HALAL | |||
| DJIM | Excluded — Financial Data & Stock Exchanges | ✗ NOT HALAL | |||
| MSCI | Excluded — Financial Data & Stock Exchanges | ✗ NOT HALAL | |||
| S&P | Excluded — Financial Data & Stock Exchanges | ✗ NOT HALAL | |||
| FTSE | Excluded — Financial Data & Stock Exchanges | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 96.4% | |
| Operating Margin | 72.2% | |
| Net Margin | 61.5% | |
| Return on Equity (ROE) | 31.5% | |
| Return on Assets (ROA) | 2.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $25.6B |
| Free Cash Flow | $23.9B |
| Total Debt | $851M |
| Debt-to-Equity | 2.1 |
| Current Ratio | 1.1 |
| Total Assets | $580.8B |
Price & Trading
| Last Close | HKD 390.60 |
| 50-Day MA | HKD 412.75 |
| 200-Day MA | HKD 423.34 |
| Avg Volume | 4.8M |
| Beta | 1.0 |
|
52-Week Range
HKD 283.20
| |
About 0388 (0388)
Hong Kong Exchanges and Clearing Limited, together with its subsidiaries, owns and operates stock and futures exchanges, and related clearing houses in Hong Kong, the United Kingdom, and Mainland China. It operates through Cash, Equity and Financial Derivatives, Commodities, and Data and Connectivity segments. The Cash segment covers various equity products traded on the cash market platforms of the Stock Exchange of Hong Kong Limited, as well as through the Shanghai-Hong Kong and the Shenzhen-Hong Kong stock connects; clearing, settlement and custodian, listing, depository, and nominee services; and other related activities. Its Equity and Financial Derivatives segment provides and maintains trading and clearing platforms for a range of equity and financial derivative products, such as stock and equity index futures and options, derivative warrants, callable bull/bear contracts and warrants, and over the counter derivatives contracts. The Commodities segment operates an exchange for the trading of base and ferrous metals futures and options contracts in the United Kingdom; and operates Qianhai Mercantile Exchange Co., Ltd., a commodity trading platform in Mainland China. This segment also covers commodities contracts traded on Futures Exchange. Its Data and Connectivity segment offers various services that provides access to the platform and infrastructure, as well as services of BayConnect Technology Company Limited; network, terminal user, data line and software sublicense, and hosting services; and sells market data relating to the Hong Kong cash and derivatives markets. The company serves issuers and investors. Hong Kong Exchanges and Clearing Limited was incorporated in 1999 and is based in Central, Hong Kong.
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Frequently Asked Questions
Is 0388 (0388) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), 0388 is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is 0388's debt ratio?
0388's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are 0388's key financial metrics?
0388 has a market capitalization of $493.5B, trailing P/E ratio of 27.8, and revenue of $23.7B. The company maintains a gross margin of 96.4% and a net margin of 61.5%. Return on equity stands at 31.5%.
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.