INLIF LIMITED (INLF) - Halal (Shariah-Compliant)
INLIF LIMITED (INLF) 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
- Industrials
- Industry
- Specialty Industrial Machinery
- Result
- Pass
- Reason
- The sector "Industrials" and industry "Specialty Industrial Machinery" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 0.3% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 0.4% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.02%.Based on the company's financial statements, approximately 0.02% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.02% of total income). Some scholars may differ on the exact calculation method.
About INLIF LIMITED
INLIF Limited, through its subsidiaries, engages in the research, development, manufacture, and sale of injection molding machine-dedicated manipulator arms under the iNLIF brand in the People's Republic of China. The company offers transverse single and double-axis manipulator arms, transverse and longitudinal multi-axis manipulator arms, and large bullhead multi-axis manipulator arms, as well as manipulator arms accessories, including conveyor belt clamps, welded bases, and reducer mounting plates. It also provides installation and warranty services, as well as raw materials for manipulator arms. The company was founded in 2016 and is based in Quanzhou, the People's Republic of China.
Frequently Asked Questions
Is INLIF LIMITED (INLF) stock halal to invest in?
According to AAOIFI Shariah screening standards, INLIF LIMITED (INLF) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does INLIF LIMITED have any interest income?
INLIF LIMITED's interest income ratio is 0.4% of total revenue. AAOIFI standards require this to be below 30%.

