Is FINV halal?
FinVolution Group
Not halal
FinVolution Group did not pass AAOIFI screening. The failed check is shown below.
Checked: 13 October 2026
Exchange
NYSE
Price
3.13
Day
-0.95%
Market cap
$708.3M
Industry
Credit Services
Sector
Financial Services
What the company does
FinVolution Group (China) runs an online lending platform (formerly PPDAI) that connects borrowers with banks and other funders, also in Indonesia and the Philippines. Money comes from loan-facilitation fees and interest.
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: Credit Services
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $235.70M ÷ current market cap $708.28M = 33.3%
33.3%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $961.28M ÷ current market cap $708.28M = 135.7%
135.7%
Fail
Non-compliant income / total revenue
limit 5%
—
No data
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 66.5% of total assets (2026-06-30). 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
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $4.79
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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.