Zeta Network Group (ZNB) - Not Halal (Non-Compliant)
Zeta Network Group (ZNB) 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
Communication Services
Industry
Entertainment
Result
Doubtful
Reason
This company requires further review: the industry "Entertainment" has mixed revenue streams that require further analysis. The sector "Communication Services" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
Debt Ratio
Value: 371.9% | Threshold: 30% | Result: Fail
Cash & Interest-bearing Securities Ratio
Value: 49.1% | Threshold: 30% | Result: Fail
Non-Permissible Income Ratio
Value: 6.9% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 6.88%.Based on the company's financial statements, approximately 6.88% of dividend income should be donated to charity for purification. This is derived from identified interest income (6.88% of total income). Some scholars may differ on the exact calculation method.
About Zeta Network Group
Zeta Network Group, a digital infrastructure and financial technology company, engages in the cryptocurrency mining business. It engages in the cryptocurrency mining by providing computing power in a third-party operated mining pool. The company also offers construction management consulting services, as well as sells and co-hosts concerts and entertainment events. The company was formerly known as Color Star Technology Co., Ltd. and changed its name to Zeta Network Group in August 2025. Zeta Network Group was founded in 2002 and is headquartered in Beijing, the People's Republic of China.
Frequently Asked Questions
Is Zeta Network Group (ZNB) stock halal to invest in?
According to AAOIFI Shariah screening standards, Zeta Network Group (ZNB) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Screened October 20, 2026·Financials: period ended 30 Jun 2025·Balance sheet as of 31 Dec 2025
Business Activity
Warn
Communication ServicesEntertainment
This company requires further review: the industry "Entertainment" has mixed revenue streams that require further analysis. The sector "Communication Services" is not categorically excluded, but deeper analysis is recommended.
Business-activity data: inferred from the company description (lower confidence). How coverage works
Based on the company's financial statements, approximately 6.88% of dividend income should be donated to charity for purification. This is derived from identified interest income (6.88% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About Zeta Network Group
Zeta Network Group, a digital infrastructure and financial technology company, engages in the cryptocurrency mining business. It engages in the cryptocurrency mining by providing computing power in a third-party operated mining pool. The company also offers construction management consulting services, as well as sells and co-hosts concerts and entertainment events. The company was formerly known as Color Star Technology Co., Ltd. and changed its name to Zeta Network Group in August 2025. Zeta Network Group was founded in 2002 and is headquartered in Beijing, the People's Republic of China.
ChinaNASDAQCommunication Services
Screened using AAOIFI Standard No. 21 on October 20, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on Jul 15, 2026. We started recording changes on Oct 19, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, Zeta Network Group (ZNB) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Zeta Network Group's interest income ratio is 49.1% of total revenue. AAOIFI standards require this to be below 30%.
ZNB 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.
Zeta Network Group's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
You can save ZNB to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Dividends from Zeta Network Group require purification. Approximately 6.88% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
Zeta Network Group's interest income ratio is 49.1% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if ZNB stock is Shariah-compliant?
ZNB 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.
How often is Zeta Network Group stock reviewed for Shariah compliance?
Zeta Network Group's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on Zeta Network Group's compliance status?
You can save ZNB to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Are dividends from Zeta Network Group stock considered halal?
Dividends from Zeta Network Group require purification. Approximately 6.88% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Do I need to pay Zakat on my Zeta Network Group shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
