Is Autozi Internet Technology (Glo (AZI) Stock Halal or Haram?
Autozi Internet Technology (Glo (AZI) - Halal (Shariah-Compliant)
Autozi Internet Technology (Glo (AZI) is classified as Halal (Shariah-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 & Truck Dealerships
Result
Pass
Reason
The sector "Consumer Cyclical" and industry "Auto & Truck Dealerships" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 27.8% | Threshold: 30% | Result: Pass
Cash & Interest-bearing Securities Ratio
Value: 0.3% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.01%.Based on the company's financial statements, approximately 0.01% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.01% of total income). Some scholars may differ on the exact calculation method.
About Autozi Internet Technology (Glo
Autozi Internet Technology (Global) Ltd., together with its subsidiaries, provides automotive products and services through online and offline channels in the People's Republic of China. The company sells new cars, and auto parts and accessories. It offers automotive insurance-related services, including claim and repair, and insurance intermediation services, as well as value-added maintenance services through its Autozi Car Owner platform. It serves MBS stores, passenger car buyers and owners, and insurance companies. The company was founded in 2010 and is headquartered in Beijing, China.
Frequently Asked Questions
Is Autozi Internet Technology (Glo (AZI) stock halal to invest in?
According to AAOIFI Shariah screening standards, Autozi Internet Technology (Glo (AZI) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does Autozi Internet Technology (Glo have any interest income?
Based on the company's financial statements, approximately 0.01% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.01% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About Autozi Internet Technology (Glo
Autozi Internet Technology (Global) Ltd., together with its subsidiaries, provides automotive products and services through online and offline channels in the People's Republic of China. The company sells new cars, and auto parts and accessories. It offers automotive insurance-related services, including claim and repair, and insurance intermediation services, as well as value-added maintenance services through its Autozi Car Owner platform. It serves MBS stores, passenger car buyers and owners, and insurance companies. The company was founded in 2010 and is headquartered in Beijing, China.
ChinaNASDAQConsumer Cyclical
Screened using AAOIFI Standard No. 21 on October 20, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
Status changed from Questionable to Halalon-demand screening
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, Autozi Internet Technology (Glo (AZI) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Autozi Internet Technology (Glo's interest income ratio is 0.3% of total revenue. AAOIFI standards require this to be below 30%.
AZI is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
Autozi Internet Technology (Glo's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
You can save AZI to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Dividends from Autozi Internet Technology (Glo require purification. Approximately 0.01% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
Autozi Internet Technology (Glo's interest income ratio is 0.3% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if AZI stock is Shariah-compliant?
AZI is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is Autozi Internet Technology (Glo stock reviewed for Shariah compliance?
Autozi Internet Technology (Glo's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on Autozi Internet Technology (Glo's compliance status?
You can save AZI to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Are dividends from Autozi Internet Technology (Glo stock considered halal?
Dividends from Autozi Internet Technology (Glo require purification. Approximately 0.01% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Do I need to pay Zakat on my Autozi Internet Technology (Glo shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
