Eshallgo Inc. Class A Ordinary Shares

EHGO: Is Eshallgo Inc. Class A Ordinary Shares Halal?

Eshallgo Inc. Class A Ordinary Shares

NASDAQIndustrialsCN

$1.23

-2.38%

Market Cap: 2.3M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Eshallgo Inc. Class A Ordinary Shares (EHGO) halal? Not Halal. Based on AAOIFI screening, Eshallgo Inc. Class A Ordinary Shares 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%.

95.0% of 30.0% limit

What this means for you

Most scholars advise not holding EHGO

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Eshallgo Inc. Class A Ordinary Shares

Eshallgo Inc., operating primarily within the People's Republic of China, specializes in both the sale and lease of office apparatus, complemented by a suite of associated upkeep and technical support services. Beyond its core offerings, the firm also distributes a variety of items such as office furniture, information technology products, water purification units, and printing materials. Additionally, it delivers specialized maintenance services, particularly those integrated with Enterprise Resource Planning (ERP) systems. Eshallgo serves a diverse customer base, including private enterprises, governmental agencies, major corporations, and various institutions. The company was established in 2015 and maintains its principal operational base in Shanghai, China.

Sector: Industrials · Industry: Business Equipment & Supplies

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

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.

Fiscal: FY 2026Data source: FMP
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Frequently Asked Questions

Is Eshallgo Inc. Class A Ordinary Shares (EHGO) halal to invest in?
Eshallgo Inc. Class A Ordinary Shares (EHGO) 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 Eshallgo Inc. Class A Ordinary Shares get a F compliance rating?
Eshallgo Inc. Class A Ordinary Shares (EHGO) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 95.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Eshallgo Inc. Class A Ordinary Shares's Shariah verdict?
Eshallgo Inc. Class A Ordinary Shares'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 Eshallgo Inc. Class A Ordinary Shares re-screened for Shariah compliance?
Eshallgo Inc. Class A Ordinary Shares (EHGO) 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: Aug 26, 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.