Is Future FinTech Group Inc. (FTFT) Stock Halal or Haram?
Future FinTech Group Inc. (FTFT) - Halal (Shariah-Compliant)
Future FinTech Group Inc. (FTFT) 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
Technology
Industry
Software - Application
Result
Pass
Reason
The sector "Technology" and industry "Software - Application" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 0.8% | Threshold: 30% | Result: Pass
Cash & Interest-bearing Securities Ratio
Value: 0.7% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 0.9% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.89%.Based on the company's financial statements, approximately 0.89% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.89% of total income). Some scholars may differ on the exact calculation method.
About Future FinTech Group Inc.
Future FinTech Group Inc., through its subsidiaries, engages in supply-chain financing services and trading businesses in the People's Republic of China. It offers cross-border money transfer, and brokerage and investment banking services, as well as trades in coal, aluminum ingots, sand, and steel. The company also operates an online store e-commerce platform, as well as engages in the sales of non-alcoholic beverages and dairy beverages. In addition, it provides integrated business and financial consulting services The company was formerly known as SkyPeople Fruit Juice, Inc. and changed its name to Future FinTech Group Inc. in June 2017. Future FinTech Group Inc. is headquartered in Causeway Bay, Hong Kong.
Frequently Asked Questions
Is Future FinTech Group Inc. (FTFT) stock halal to invest in?
According to AAOIFI Shariah screening standards, Future FinTech Group Inc. (FTFT) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does Future FinTech Group Inc. have any interest income?
Based on the company's financial statements, approximately 0.89% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.89% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About Future FinTech Group Inc.
Future FinTech Group Inc., through its subsidiaries, engages in supply-chain financing services and trading businesses in the People's Republic of China. It offers cross-border money transfer, and brokerage and investment banking services, as well as trades in coal, aluminum ingots, sand, and steel. The company also operates an online store e-commerce platform, as well as engages in the sales of non-alcoholic beverages and dairy beverages. In addition, it provides integrated business and financial consulting services The company was formerly known as SkyPeople Fruit Juice, Inc. and changed its name to Future FinTech Group Inc. in June 2017. Future FinTech Group Inc. is headquartered in Causeway Bay, Hong Kong.
Hong KongNASDAQTechnology
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, Future FinTech Group Inc. (FTFT) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Future FinTech Group Inc.'s interest income ratio is 0.7% of total revenue. AAOIFI standards require this to be below 30%.
FTFT 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.
Future FinTech Group Inc.'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 FTFT 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 Future FinTech Group Inc. require purification. Approximately 0.89% 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.
Future FinTech Group Inc.'s interest income ratio is 0.7% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if FTFT stock is Shariah-compliant?
FTFT 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 Future FinTech Group Inc. stock reviewed for Shariah compliance?
Future FinTech Group Inc.'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 Future FinTech Group Inc.'s compliance status?
You can save FTFT 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 Future FinTech Group Inc. stock considered halal?
Dividends from Future FinTech Group Inc. require purification. Approximately 0.89% 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 Future FinTech Group Inc. 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.
