TDH Holdings, Inc. (PETZ) - Not Halal (Non-Compliant)
TDH Holdings, Inc. (PETZ) 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
- Real Estate
- Industry
- Real Estate Services
- Result
- Pass
- Reason
- The sector "Real Estate" and industry "Real Estate Services" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 27.9% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 254.5% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 21.2% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 21.16%.Based on the company's financial statements, approximately 21.16% of dividend income should be donated to charity for purification. This is derived from identified interest income (21.16% of total income). Some scholars may differ on the exact calculation method.
About TDH Holdings, Inc.
TDH Holdings, Inc. engages in the commercial real estate management business in the United States and China. It is also involved in providing property management business services, including tenant coordination, maintenance oversight, and related services. The company was founded in 2002 and is based in Beijing, the People's Republic of China.
Frequently Asked Questions
Is TDH Holdings, Inc. (PETZ) stock halal to invest in?
According to AAOIFI Shariah screening standards, TDH Holdings, Inc. (PETZ) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does TDH Holdings, Inc. have any interest income?
TDH Holdings, Inc.'s interest income ratio is 254.5% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if PETZ stock is Shariah-compliant?
PETZ is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.

