Huize Holding Limited (HUIZ) - Not Halal (Non-Compliant)
Huize Holding Limited (HUIZ) 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
- Financial Services
- Industry
- Insurance Brokers
- Result
- Fail
- Reason
- The industry "Insurance Brokers" is classified as non-permissible according to Shariah screening standards.
Financial Ratios
- Debt Ratio
- Value: 42.8% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 128.3% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 0.3% | Threshold: 5% | Result: Pass
About Huize Holding Limited
Huize Holding Limited, together with its subsidiaries, offers online insurance product and service platforms through various internet channels in Mainland China, Hong Kong, and internationally. The company offers life and health insurance products comprising term and whole life, annuity, critical illness, reimbursement-based, and illness and disease insurance. It also provides property and casualty insurance products consisting of travel, individual casualty, and corporate liability insurance products; commercial property insurance; and cargo insurance, including logistics liability, international freight forwarder liability, and international cargo bill of lading liability insurance. In addition, the company offers offline insurance intermediary services; digital and technology development services; insurance brokerage and agency services; and investment and investment consulting services. Huize Holding Limited was founded in 2006 and is headquartered in Shenzhen, China.
Frequently Asked Questions
Is Huize Holding Limited (HUIZ) stock halal to invest in?
According to AAOIFI Shariah screening standards, Huize Holding Limited (HUIZ) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Huize Holding Limited have any interest income?
Huize Holding Limited's interest income ratio is 128.3% of total revenue. AAOIFI standards require this to be below 30%.

