Golden Heaven Group Holdings Lt (GDHG) - Not Halal (Non-Compliant)
Golden Heaven Group Holdings Lt (GDHG) 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
- Leisure
- Result
- Doubtful
- Reason
- This company requires further review: the industry "Leisure" has mixed revenue streams that require further analysis. The sector "Consumer Cyclical" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 2.9% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 227.9% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 0.3% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.26%.Based on the company's financial statements, approximately 0.26% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.26% of total income). Some scholars may differ on the exact calculation method.
About Golden Heaven Group Holdings Lt
Golden Heaven Group Holdings Ltd., through its subsidiaries, engages in the management and operation of urban amusement parks, water parks, and complementary recreational facilities in China. Its parks offer a range of recreational experiences, including thrilling and family-friendly rides, water attractions, gourmet festivals, circus performances, and high-tech facilities. The company was founded in 2008 and is headquartered in Nanping, the People's Republic of China.
Frequently Asked Questions
Is Golden Heaven Group Holdings Lt (GDHG) stock halal to invest in?
According to AAOIFI Shariah screening standards, Golden Heaven Group Holdings Lt (GDHG) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Golden Heaven Group Holdings Lt have any interest income?
Golden Heaven Group Holdings Lt's interest income ratio is 227.9% of total revenue. AAOIFI standards require this to be below 30%.

