The9 Limited - American Deposit (NCTY) - Not Halal (Non-Compliant)
The9 Limited - American Deposit (NCTY) 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
- Capital Markets
- Result
- Doubtful
- Reason
- This company requires further review: the industry "Capital Markets" has mixed revenue streams that require further analysis. The sector "Financial Services" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 32.6% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 2.0% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.4% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.42%.Based on the company's financial statements, approximately 0.42% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.42% of total income). Some scholars may differ on the exact calculation method.
About The9 Limited - American Deposit
The9 Limited operates as a cryptocurrency mining company in China, Eastern Europe, Asia, and North America. It operates through Cryptocurrency Mining and Online game services segments. The company provides IT with technical services for the operation of computer software and related businesses, including the provision of systematic solutions for the operation of internet websites, the rental of computer and internet facilities, daily maintenance of internet servers and databases, the development and update of computer software, and other related technical and consulting services. It also develops and operates mobile and computer games, as well as publishes and services MIR M, an online game. The company was incorporated in 1999 and is headquartered in Shanghai, the People's Republic of China.
Frequently Asked Questions
Is The9 Limited - American Deposit (NCTY) stock halal to invest in?
According to AAOIFI Shariah screening standards, The9 Limited - American Deposit (NCTY) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

