Solowin Holdings Ordinary Share

AXG: Is Solowin Holdings Ordinary Share Halal?

Solowin Holdings Ordinary Share

NASDAQFinancial ServicesHK

$3.33

-0.89%

Market Cap: 144.9M

Compliance Status

Halal

Screened on Jul 13, 2026 · AAOIFI Standard 21

A

Very Good

84Score

Is Solowin Holdings Ordinary Share (AXG) halal? Halal. Based on AAOIFI screening, Solowin Holdings Ordinary Share passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 84/100 (Grade: A).

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

0.8% of 30.0% limit

What this means for you

You can own AXG

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 2.7% of your income from AXG

That is about $2.70 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Solowin Holdings Ordinary Share

Solowin Holdings (AXG), established in 2021 and headquartered in Tsim Sha Tsui, Hong Kong, operates as an investment holding firm. Its primary focus is on delivering a broad spectrum of financial solutions across Hong Kong. The company's offerings encompass securities brokerage, corporate finance advisory, investment guidance, and comprehensive asset management services. A cornerstone of its brokerage activities is the Solomon Pro trading platform, which empowers investors to execute trades for listed securities and their derivative products. This platform grants access to major global exchanges, including the Hong Kong Stock Exchange (HKEX), New York Stock Exchange (NYSE), Nasdaq, Shanghai Stock Exchange (SSE), and Shenzhen Stock Exchange (SZSE). Beyond its core platform, Solowin provides an extensive array of specialized financial services. These include Hong Kong equity trading, facilitating initial public offering (IPO) subscriptions and placements, bond trading, and fund subscription services. The company also manages equity custodianship and agency functions, offers investment immigrant account management, and supports enterprise employee shareholding exercises. Clients further benefit from professional investment research and instant quotation services. Solowin delivers personalized investment advisory services, carefully tailored to align with each client's unique financial objectives and risk appetite. It is also actively involved in issuing and managing a diverse range of fund products. Its professional asset management capabilities cater to both financial and private institutions, alongside offering bespoke financial services designed for individual investors. Additionally, the company provides investment banking services, financial and independent financial advisory for both unlisted and listed corporations, and access to offshore private fund investment opportunities.

Sector: Financial Services · Industry: Financial - Capital Markets

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 13, 2026

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Solowin Holdings Ordinary Share (AXG) halal to invest in?
Based on AAOIFI Standard 21 screening, Solowin Holdings Ordinary Share (AXG) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Solowin Holdings Ordinary Share get a A compliance rating?
Solowin Holdings Ordinary Share (AXG) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.8% (limit 30%); interest-bearing deposits of 2.7% (limit 30%); prohibited income of 2.70% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Solowin Holdings Ordinary Share's Shariah verdict?
Solowin Holdings Ordinary Share's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Solowin Holdings Ordinary Share re-screened for Shariah compliance?
Solowin Holdings Ordinary Share (AXG) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 13, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.