Is VinFast Auto Ltd. (VFS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2005629.3% / 30% | 56523.0% / 30% | 265877.1% / 30% | 1.41% / 5% | ✗ NOT HALAL |
| DJIM | 2005629.3% / 33% | 56523.0% / 33% | 265877.1% / 33% | 1.41% / 5% | ✗ NOT HALAL |
| MSCI | 93.9% / 33% | 2.6% / 33% | 12.4% / 33% | 1.41% / 5% | ✗ NOT HALAL |
| S&P | 2005629.3% / 33% | 56523.0% / 33% | 265877.1% / 33% | 1.41% / 5% | ✗ NOT HALAL |
| FTSE | 93.9% / 33% | 2.6% / 33% | 12.4% / 50% | 1.41% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -42.5% | |
| Operating Margin | 0.0% | |
| Net Margin | -107.3% | |
| Return on Assets (ROA) | -26.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$30.5T |
| Free Cash Flow | -$47.2T |
| Total Debt | $146.4T |
| Current Ratio | 0.5 |
| Total Assets | $156.0T |
Price & Trading
| Last Close | $3.22 |
| 50-Day MA | $3.22 |
| 200-Day MA | $3.35 |
| Avg Volume | 305K |
| Beta | 1.1 |
|
52-Week Range
$2.56
| |
About VinFast Auto Ltd. (VFS)
VinFast Auto Ltd. engages in the design and manufacture of electric vehicles (EV), e-scooters, and e-buses in Vietnam, Canada, and the United States. The company operates through three segments: namely Car, E-scooters and Ebus. It offers the design, development, manufacturing and sales of e-scooters and related battery lease and battery charging service for cars, e-scooters, and Ebus. The company also offers electric SUV, mini car EV, mid-size pickup electric truck, 7-seater MPV, E-bus, E-scooter, electric bike, and battery technology and solutions. VinFast Auto Ltd. is based in Hai Phong City, Vietnam. VinFast Auto Ltd. operates as a subsidiary of Vingroup Joint Stock Company.
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Frequently Asked Questions
Is VinFast Auto Ltd. (VFS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), VinFast Auto 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 VinFast Auto Ltd.'s debt ratio?
VinFast Auto Ltd.'s debt ratio is 2005629.3% 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 93.9%.
What are VinFast Auto Ltd.'s key financial metrics?
VinFast Auto Ltd. has a market capitalization of $7.9B, and revenue of $44.0T. The company maintains a gross margin of -42.5% and a net margin of -107.3%.
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.