Is PAVS halal?
Paranovus Entertainment Technol
Not halal
Paranovus Entertainment Technol did not pass AAOIFI screening. The failed check is shown below.
Checked: 09 October 2026
Exchange
NASDAQ
Price
3.64
Day
+0.00%
Market cap
$3.1M
Industry
Packaged Foods
Sector
Consumer Defensive
What the company does
Paranovus is a Chinese company that used to sell packaged food and has pivoted to AI games and TikTok e-commerce solutions. The Yahoo label ("Packaged Foods") is outdated; its money now comes from games and online-commerce services.
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 $316K ÷ current market cap $3.10M = 10.2%
10.2%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $15.25M ÷ current market cap $3.10M = 492.3%
492.3%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $217K ÷ annual revenue $14.60M (2026) = 1.5%
1.5%
Pass
Figures from the company's filings (2026-03-31), 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 49.7% of total assets (2026-03-31). 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
Manually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 13 August 2026. Conclusion:
YORLIQ ESKIRGAN: 'Packaged Foods' deb turibdi, aslida biznes AI-o'yinlar va TikTok e-commerce yechimlariga o'tgan (avvalgi nutrasevtika tashlangan). Haram faoliyatga DALIL yo'q → tegmaymiz (MCO/MSCI bilan bir mantiq). O'yin mexanikasi qimorga o'xshab chiqsa qayta ko'rilsin
Halal stocks in the same industry
The largest halal stocks in Packaged Foods — for comparison.
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- Halal investingBlogWhy a company's cash affects whether its stock is halalLots of cash sounds like a good sign — but halal screening checks it separately. What counts, what doesn't, and where we are stricter than AAOIFI.
- 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.