Is CNF halal?
CNFinance Holdings Limited
Not halal
CNFinance Holdings Limited did not pass AAOIFI screening. The failed check is shown below.
Checked: 13 October 2026
Exchange
NYSE
Price
1.94
Day
-1.02%
Market cap
$32.7M
Industry
Mortgage Finance
Sector
Financial Services
What the company does
CNFinance (China) provides home-equity loans to small-business owners, funded through partner banks and trusts. Revenue is loan interest and service fees.
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
Prohibited activity: Mortgage Finance
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $62.10M ÷ current market cap $32.70M = 189.9%
189.9%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $96.17M ÷ current market cap $32.70M = 294.1%
294.1%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $86.19M ÷ annual revenue $20.32M (2025) = 424.1%
424.1%
Fail
Figures from the company's filings (2026-06-30), 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 20.4% of total assets (2025-12-31). 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
- Held by funds
- Not held by any tracked fund
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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.