Is AZI halal?
Autozi Internet Technology (Glo
Doubtful
No clear verdict is possible for Autozi Internet Technology (Glo — data is insufficient or the case is contested in fiqh. As a precaution it is NOT included in the halal list.
Checked: 14 October 2026
Exchange
NASDAQ
Price
1.03
Day
-4.63%
Market cap
$71.7M
Industry
Auto & Truck Dealerships
Sector
Consumer Cyclical
Manually identified reason
Automatic screening reads the industry label, not what's inside. This company's filings were checked by hand and a hidden prohibited activity was found:
Doubtful: insurance agency 'temporarily suspended' (0% FY25, 2.6% FY23) + loan facilitation/factoring services — finance revenue share not disclosed
What the company does
Autozi (China) is a wholesale platform for auto parts and accessories (99% of revenue); it previously also sold parallel-import new cars and ran an auto-insurance agency (both currently suspended). Its money comes from parts sales.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
Doubtful: insurance agency 'temporarily suspended' (0% FY25, 2.6% FY23) + loan facilitation/factoring services — finance revenue share not disclosed
Interest-bearing debt / market cap
limit 30%
26.8%
Pass
Cash & investments / market cap
limit 30%
0.3%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
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- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.