J-Star Holding Co., Ltd. (YMAT) - Not Halal (Non-Compliant)
J-Star Holding Co., Ltd. (YMAT) 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
- Basic Materials
- Industry
- Specialty Chemicals
- Result
- Pass
- Reason
- The sector "Basic Materials" and industry "Specialty Chemicals" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 136.2% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 1.0% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 1.4% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 1.38%.Based on the company's financial statements, approximately 1.38% of dividend income should be donated to charity for purification. This is derived from identified interest income (1.38% of total income). Some scholars may differ on the exact calculation method.
About J-Star Holding Co., Ltd.
J-Star Holding Co., Ltd. manufactures and trades in bicycles, sports accessories, and carbon fiber composite products in Taiwan, China, and internationally. It offers bicycles parts of sports bicycles and electric bicycles; paddle rackets for use in tennis, badminton, squash, and beach tennis; and structural parts of automobile, other sporting goods, and healthcare products. J-Star Holding Co., Ltd. has a strategic partnership with Patriot Green Energy Technology Co., Ltd. to develop made-in-USA polymer-based solid-state battery solutions. The company was founded in 1968 and is headquartered in Taichung, Taiwan.
Frequently Asked Questions
Is J-Star Holding Co., Ltd. (YMAT) stock halal to invest in?
According to AAOIFI Shariah screening standards, J-Star Holding Co., Ltd. (YMAT) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does J-Star Holding Co., Ltd. have any interest income?
J-Star Holding Co., Ltd.'s interest income ratio is 1.0% of total revenue. AAOIFI standards require this to be below 30%.

