Is SVA halal?
Sinovac Biotech, Ltd.
Not halal
Sinovac Biotech, Ltd. did not pass AAOIFI screening. The failed check is shown below.
Checked: 16 October 2026
Exchange
NASDAQ
Price
6.47
Day
+0.00%
Market cap
$464.9M
Industry
—
Sector
—
What the company does
Sinovac Biotech (China) makes vaccines: CoronaVac (COVID-19), hepatitis A, flu and polio. Money comes from vaccine sales; the stock resumed trading after a multi-year halt.
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 $505.62M ÷ current market cap $464.94M = 108.8%
108.8%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $6.20B ÷ current market cap $464.94M = 1332.6%
1332.6%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $33.28M ÷ annual revenue $386.01M (2025) = 8.6%
8.6%
Fail
Figures from the company's filings (2025-12-31), 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.
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
Related articles
- Halal investingBlogHaram revenue you can't see from the industry label: pork, weapons, casinosPork hides under "Packaged Foods", weapons under "Aerospace & Defense". What automated screening misses and how we catch it by hand.
- 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.