AUTOBACS SEVEN CO (9832.T) - Not Halal (Non-Compliant)
AUTOBACS SEVEN CO (9832.T) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Consumer Cyclical
- Industry
- Auto Parts
- Result
- Pass
- Reason
- The sector "Consumer Cyclical" and industry "Auto Parts" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 33.6% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 28.1% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.03%.Based on the company's financial statements, approximately 0.03% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.03% of total income). Some scholars may differ on the exact calculation method.
About AUTOBACS SEVEN CO
Autobacs Seven Co., Ltd., together with its subsidiaries, operates a chain of retail stores for automotive goods and services in Japan and internationally. It operates through four segments: AUTOBACS Business; Consumer Business; Wholesale Business; and Expansion Business. The AUTOBACS Business segment engages in the wholesale of car accessories, such as tires, wheels, and car electronics to franchisees. The Consumer Business segment sells car accessories through physical stores, websites, and official apps, as well as offers installation, vehicle maintenance, and vehicle inspections services, and bodywork services; and purchases and sells vehicles. The Wholesale Business segment engages in the wholesaling of lifestyle brands and other private brands, etc. The Expansion Business segment engages in credit-related businesses, insurance agencies, as well as provides financing, property and location development, and motorized bicycles. The company was formerly known as Fuji-Syokai Co., Ltd. and changed its name to Autobacs Seven Co., Ltd. in March 1980. Autobacs Seven Co., Ltd. was founded in 1947 and is headquartered in Tokyo, Japan.