Zhibao Technology Inc. (ZBAO) - Not Halal (Non-Compliant)
Zhibao Technology Inc. (ZBAO) 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
- Insurance Brokers
- Result
- Fail
- Reason
- The industry "Insurance Brokers" is classified as non-permissible according to Shariah screening standards.
Financial Ratios
- Debt Ratio
- Value: 127.0% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 135.5% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
About Zhibao Technology Inc.
Zhibao Technology Inc., through its subsidiaries, provides digital insurance brokerage services in the People's Republic of China. The company also offers managing general underwriter services. In addition, it provides insurance product design and customization, selection of insurance companies, technology system interconnection and delivery, customer AARRR (Acquisition, Activation, Retention, Referral, and Revenue) operation, customer service, compliance management, and data analysis. Further, the company operates a digital insurance brokerage platform that offers a portfolio of 2B2C (to-business-to-customer) insurance tools for building the systems required for various insurance solutions. Additionally, it engages in research and development; offline insurance brokerage consulting; and healthcare services. The company serves the travel, outdoor activity, sports, logistics and supply chain, municipal gas and electricity utilities, and e-commerce industries. Zhibao Technology Inc. was founded in 2015 and is headquartered in Shanghai, China.
Frequently Asked Questions
Is Zhibao Technology Inc. (ZBAO) stock halal to invest in?
According to AAOIFI Shariah screening standards, Zhibao Technology Inc. (ZBAO) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

