Yunji Inc. - American Depositor (YJ) - Not Halal (Non-Compliant)
Yunji Inc. - American Depositor (YJ) 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
- Consumer Cyclical
- Industry
- Internet Retail
- Result
- Pass
- Reason
- The sector "Consumer Cyclical" and industry "Internet Retail" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 318.6% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 445.0% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 0.8% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.78%.Based on the company's financial statements, approximately 0.78% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.78% of total income). Some scholars may differ on the exact calculation method.
About Yunji Inc. - American Depositor
Yunji Inc., together with its subsidiaries, operates a membership-based social e-commerce platform under the Yunji App name in the People's Republic of China. The company offers various categories, including beauty and personal care, healthcare products, household goods, apparel, shoes and bags, beverages, food and fresh produce, electronics and home appliances, childcare products, and baby and maternity products. Yunji Inc. was founded in 2015 and is headquartered in Hangzhou, the People's Republic of China.
Frequently Asked Questions
Is Yunji Inc. - American Depositor (YJ) stock halal to invest in?
According to AAOIFI Shariah screening standards, Yunji Inc. - American Depositor (YJ) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Yunji Inc. - American Depositor have any interest income?
Yunji Inc. - American Depositor's interest income ratio is 445.0% of total revenue. AAOIFI standards require this to be below 30%.

