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AAOIFI No. 21 screening

Is BYAH halal?

Park Ha Biological Technology C

Halal

Park Ha Biological Technology C passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.

Checked: 13 October 2026

Exchange

NASDAQ

Price

2.2

Day

-7.95%

Market cap

$46.6M

Industry

Household & Personal Products

Sector

Consumer Defensive

What the company does

Park Ha Biological Technology (China) sells skincare products under the Park Ha brand (protection, exfoliation, anti-aging) through its own stores and franchisees. Its money comes from product 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

    No prohibited activity

  • Interest-bearing debt / market cap

    limit 30%

    Interest-bearing debt $0 ÷ current market cap $46.63M = 0.0%

    0.0%

    Pass

  • Cash & investments / market cap

    limit 30%

    Cash + interest-bearing securities $3.79M ÷ current market cap $46.63M = 8.1%

    8.1%

    Pass

  • Non-compliant income / total revenue

    limit 5%

    Interest income $6K ÷ annual revenue $2.52M (2025) = 0.2%

    0.2%

    Pass

Figures from the company's filings (2025-10-31), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict.

For information (AAOIFI 3/1 note): cash + receivables are 85.3% of total assets (2025-10-31). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.

In the lists

In the S&P 500
Not in the S&P 500
Among halal stocks
0.00% · #1289 of 1454

Halal stocks in the same industry

The largest halal stocks in Household & Personal Products — for comparison.

Related articles

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.