
CAAS: Is China Automotive Systems, Inc. Halal?
China Automotive Systems, Inc.
$5.34
+12.30%
Market Cap: 161.1M
Compliance Status
Not Halal
Screened on Aug 26, 2026 · AAOIFI Standard 21
Non-Compliant
Is China Automotive Systems, Inc. (CAAS) halal? Not Halal. Based on AAOIFI screening, China Automotive Systems, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Business activity
What the company sells is permissible.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
Most scholars advise not holding CAAS
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
About China Automotive Systems, Inc.
China Automotive Systems, Inc. (CAAS) operates as a prominent manufacturer and supplier of diverse automotive systems and components, primarily through its subsidiary network within the People's Republic of China. The company's extensive product portfolio includes a variety of power steering technologies: rack and pinion systems for passenger cars and light-duty vehicles, integral power steering units designed for heavy-duty applications, and various power steering parts specifically for lighter vehicles. CAAS also produces essential sensor modules, comprehensive automobile steering systems and columns, and both electronic and hydraulic power steering systems along with their related components. Beyond steering solutions, the firm develops and offers automotive motors, complex electromechanical integrated systems, and specialized polymer materials. It also provides innovative research and development services focused on intelligent automotive technology. In addition to its manufacturing prowess, CAAS offers vital after-sales support and R&D assistance. The company expands its market reach by supplying automotive parts to North America and Brazil. Its principal customers are Original Equipment Manufacturers (OEMs). China Automotive Systems, Inc. was founded in 1999 and is headquartered in Jingzhou, People's Republic of China.
Sector: Consumer Cyclical · Industry: Auto - Parts
Shariah Compliance Status
Compliance History
Not Halal, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 2026. Updates automatically on each re-screen.
Halal Alternatives in Consumer Cyclical
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
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Frequently Asked Questions
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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.