Is Xiaomi (1810) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 4.2% / 30% | 11.7% / 30% | 1.5% / 30% | 1.35% / 5% | ✓ HALAL |
| DJIM | 4.2% / 33% | 11.7% / 33% | 1.5% / 33% | 1.35% / 5% | ✓ HALAL |
| MSCI | 8.9% / 33% | 25.2% / 33% | 3.1% / 33% | 1.35% / 5% | ✓ HALAL |
| S&P | 4.2% / 33% | 11.7% / 33% | 1.5% / 33% | 1.35% / 5% | ✓ HALAL |
| FTSE | 8.9% / 33% | 25.2% / 33% | 3.1% / 50% | 1.35% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 22.3% | |
| Operating Margin | 3.8% | |
| Net Margin | 9.1% | |
| Return on Equity (ROE) | 18.2% | |
| Return on Assets (ROA) | 4.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $39.3B |
| Free Cash Flow | $32.0B |
| Total Debt | $36.0B |
| Debt-to-Equity | 13.6 |
| Current Ratio | 1.3 |
| Total Assets | $403.2B |
Price & Trading
| Last Close | HKD 32.44 |
| 50-Day MA | HKD 34.80 |
| 200-Day MA | HKD 45.48 |
| Avg Volume | 162.5M |
| Beta | 0.8 |
|
52-Week Range
HKD 31.20
| |
About Xiaomi (1810)
Xiaomi Corporation, an investment holding company, engages in the development and sales of smartphones in Mainland China and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The company also offers internet of things (IoT) and lifestyle products comprising smart large home appliances, smart TVs, tablets, wearables and other IoT and lifestyle products; hardware repairment services for products; installation services for certain IoT products; and sale of materials. In addition, it provides internet services, such as advertising, online game, and fintech services; intermediary services to the borrowers and third-party funding parties; and development, manufacture, and sales of smart electric vehicles. Further, the company in the wholesale and retail of smartphones and ecosystem partners' products; investment activities; sales of smart hardware and e-book; software and hardware development; procurement and sales of smartphones, ecosystem partners' products and spare parts, and raw materials; operation of retail stores; and commercial factoring and e-commerce business. Additionally, it provides intra-group capital supervision, collection, remittance, credit guarantee, and interest rate risk management; customer; software related; promotion; electronic payment technology; and technical services. Xiaomi Corporation was incorporated in 2010 and is headquartered in Beijing, the People's Republic of China.
Purification Calculator
As a halal stock with 1.35% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Xiaomi (1810) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Xiaomi 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 Xiaomi's debt ratio?
Xiaomi's debt ratio is 4.2% 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 8.9%.
Does Xiaomi require dividend purification?
Yes, Xiaomi has an impermissible income ratio of 1.35%, which means 1.35% 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 Xiaomi's key financial metrics?
Xiaomi has a market capitalization of $854.5B, trailing P/E ratio of 18.6, and revenue of $365.9B. The company maintains a gross margin of 22.3% and a net margin of 9.1%. Return on equity stands at 18.2%.
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.