Haoxi Health Technology Limited (HAO) - Not Halal (Non-Compliant)
Haoxi Health Technology Limited (HAO) 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
- Communication Services
- Industry
- Advertising Agencies
- Result
- Doubtful
- Reason
- This company requires further review: the industry "Advertising Agencies" has mixed revenue streams that require further analysis. The sector "Communication Services" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 211.7% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 1498.4% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 0.2% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.16%.Based on the company's financial statements, approximately 0.16% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.16% of total income). Some scholars may differ on the exact calculation method.
About Haoxi Health Technology Limited
Haoxi Health Technology Limited, through its subsidiaries, provides online marketing solutions in China. The company offers online marketing solutions, including online short video marketing solutions to advertisers through its media partners; and customized marketing solutions by planning, producing, placing, and optimizing online ads to help advertisers acquire, convert, and retain consumers on various online media platforms. It places its ads through mainstream online short video and social media platforms, such as Toutiao, Douyin, WeChat, and Weibo. It serves advertiser client base primarily in the healthcare industry. Haoxi Health Technology Limited was founded in 2018 and is based in Chaoyang, China.
Frequently Asked Questions
Is Haoxi Health Technology Limited (HAO) stock halal to invest in?
According to AAOIFI Shariah screening standards, Haoxi Health Technology Limited (HAO) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

