ECARX Holdings, Inc.

ECX: Is ECARX Holdings, Inc. Halal?

ECARX Holdings, Inc.

NASDAQConsumer CyclicalCN

$1.24

+3.33%

Market Cap: 415.5M

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is ECARX Holdings, Inc. (ECX) halal? Not Halal. Based on AAOIFI screening, ECARX Holdings, 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.

Passed

Company debt

Over the limit

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

114.1% of 30.0% limit

What this means for you

Most scholars advise not holding ECX

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About ECARX Holdings, Inc.

ECARX Holdings, Inc. engages in the design, development, and delivery of vehicle technology. Its products include infotainment head units, digital cockpits, vehicle chip-set, operating system and software stack. The company was founded in 2017 and is based in Shanghai, China with an additional office in Europe.

Sector: Consumer Cyclical · Industry: Auto - Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

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

Is ECARX Holdings, Inc. (ECX) halal to invest in?
ECARX Holdings, Inc. (ECX) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did ECARX Holdings, Inc. get a F compliance rating?
ECARX Holdings, Inc. (ECX) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 114.1% (limit 30%); interest-bearing deposits of 31.0% (limit 30%); prohibited income of 0.44% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change ECARX Holdings, Inc.'s Shariah verdict?
ECARX Holdings, Inc.'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 ECARX Holdings, Inc. re-screened for Shariah compliance?
ECARX Holdings, Inc. (ECX) 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 17, 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.