JIN MEDICAL INTERNATIONAL LTD. (ZJYL) - Halal (Shariah-Compliant)
JIN MEDICAL INTERNATIONAL LTD. (ZJYL) is classified as Halal (Shariah-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
- Healthcare
- Industry
- Medical Instruments & Supplies
- Result
- Pass
- Reason
- The sector "Healthcare" and industry "Medical Instruments & Supplies" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 13.3% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 19.1% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 3.8% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 3.78%.Based on the company's financial statements, approximately 3.78% of dividend income should be donated to charity for purification. This is derived from identified interest income (3.78% of total income). Some scholars may differ on the exact calculation method.
About JIN MEDICAL INTERNATIONAL LTD.
Jin Medical International Ltd. engages in the design, development, manufacture, and sale of wheelchair and other living aids for people with disabilities, the elderly, and people recovering from injury. The company offers wheelchairs and wheelchair components, such as wheels and brakes; oxygen concentrators, bath aids, and rehabilitative devices, as well as infrastructures for shared wheelchairs and other shared health products; oxygen chambers and beauty instruments; and shampoo instruments and nano thermal therapy chambers. It operates in the Mainland China, Japan, the United States, Hong Kong, Singapore, Korea, Australia, and internationally. The company was founded in 2006 and is based in Changzhou, China. Jin Medical International Ltd. operates as a subsidiary of Jolly Harmony Enterprises Limited.
Frequently Asked Questions
Is JIN MEDICAL INTERNATIONAL LTD. (ZJYL) stock halal to invest in?
According to AAOIFI Shariah screening standards, JIN MEDICAL INTERNATIONAL LTD. (ZJYL) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.

