Is JD.com (9618) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 27.3% / 30% | 71.1% / 30% | 9.2% / 30% | 0.81% / 5% | ✗ NOT HALAL |
| DJIM | 27.3% / 33% | 71.1% / 33% | 9.2% / 33% | 0.81% / 5% | ✗ NOT HALAL |
| MSCI | 12.9% / 33% | 33.5% / 33% | 4.4% / 33% | 0.81% / 5% | ✗ NOT HALAL |
| S&P | 27.3% / 33% | 71.1% / 33% | 9.2% / 33% | 0.81% / 5% | ✗ NOT HALAL |
| FTSE | 12.9% / 33% | 33.5% / 33% | 4.4% / 50% | 0.81% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 9.3% | |
| Operating Margin | -1.3% | |
| Net Margin | 1.5% | |
| Return on Equity (ROE) | 7.6% | |
| Return on Assets (ROA) | 0.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $58.1B |
| Free Cash Flow | $44.3B |
| Total Debt | $89.8B |
| Debt-to-Equity | 36.5 |
| Current Ratio | 1.2 |
| Total Assets | $698.2B |
Price & Trading
| Last Close | HKD 113.60 |
| 50-Day MA | HKD 108.69 |
| 200-Day MA | HKD 119.78 |
| Avg Volume | 12.0M |
| Beta | 0.5 |
|
52-Week Range
HKD 95.90
| |
About JD.com (9618)
JD.com, Inc. operates as a supply chain-based technology and service provider in the People's Republic of China and Europe. It operates through three segments: JD Retail, JD Logistics, and New Businesses. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry. It also provides online marketplace services for third-party merchants; marketing services; and omni-channel solutions to customers and offline retailers, as well as online healthcare services. In addition, the company develops, owns, and manages its logistics facilities and other real estate properties to support third parties; and offers asset management services and integrated service platform; leasing of storage facilities and related management services, as well as engages in online retail business. Further, it provides technology-driven supply chain solutions and logistics services. The company was formerly known as 360buy Jingdong Inc. and changed its name to JD.com, Inc. in January 2014. JD.com, Inc. was incorporated in 2006 and is headquartered in Beijing, the People's Republic of China.
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Frequently Asked Questions
Is JD.com (9618) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), JD.com 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 JD.com's debt ratio?
JD.com's debt ratio is 27.3% 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 12.9%.
What are JD.com's key financial metrics?
JD.com has a market capitalization of $350.9B, trailing P/E ratio of 15.6, and revenue of $1.2T. The company maintains a gross margin of 9.3% and a net margin of 1.5%. Return on equity stands at 7.6%.
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.