Is TIAN RUIXIANG HOLDINGS LTD (TIRX) Halal?

NASDAQ Financial Services China $3M
✗ NOT HALAL
Confidence: 95/100
TIAN RUIXIANG HOLDINGS LTD (TIRX) is Not Halal under AAOIFI Standard 21 due to its classification in the Insurance Brokers industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from October 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Insurance Brokers ✗ NOT HALAL
DJIM Excluded — Insurance Brokers ✗ NOT HALAL
MSCI Excluded — Insurance Brokers ✗ NOT HALAL
S&P Excluded — Insurance Brokers ✗ NOT HALAL
FTSE Excluded — Insurance Brokers ✗ NOT HALAL

Financial Highlights

EPS
$-0.25
P/B Ratio
0.0
Revenue
$3M

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%

Cash Flow & Balance Sheet

Operating Cash Flow$897,894
Free Cash Flow$897,894
Total Debt$1M
Total Assets$40M

Price & Trading

Last Close$0.00
50-Day MA$0.24
200-Day MA$2.29
Avg Volume22.7M
52-Week Range
$0.00
$10.75

About TIAN RUIXIANG HOLDINGS LTD (TIRX)

CEO
Mr. Baohai Xu
Sector
Financial Services
Industry
Insurance Brokers
Country
China
Exchange
NASDAQ
Market Cap
$3M
Currency
USD

Tian Ruixiang Holdings Ltd., together its subsidiaries, operates as an insurance broker in China. It distributes property and casualty insurance products, such as commercial property, liability, accidental, and automobile insurance; and health, life, and miscellaneous insurance products. Tian Ruixiang Holdings Ltd. was founded in 2010 and is headquartered in Beijing, China.

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Frequently Asked Questions

Is TIAN RUIXIANG HOLDINGS LTD (TIRX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), TIAN RUIXIANG HOLDINGS LTD 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 TIAN RUIXIANG HOLDINGS LTD's debt ratio?

TIAN RUIXIANG HOLDINGS LTD's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are TIAN RUIXIANG HOLDINGS LTD's key financial metrics?

TIAN RUIXIANG HOLDINGS LTD has a market capitalization of $3M, and revenue of $3M.

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.