How much purification is needed for Hang Feng Technology Innovation Co., Ltd. Ordinary Shares stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO) using the latest financial data.

FOFO: Is Hang Feng Technology Innovation Co., Ltd. Ordinary Shares Halal?

Hang Feng Technology Innovation Co., Ltd. Ordinary Shares

NASDAQIndustrialsHK

$2.58

+5.73%

Market Cap: 19.5M

Compliance Status

Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Very Good

89Score

Is Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO) halal? Halal. Based on AAOIFI screening, Hang Feng Technology Innovation Co., Ltd. Ordinary Shares passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 89/100 (Grade: A).

AvoidBorderlineClean

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%.

0.0% of 30.0% limit

What this means for you

You can own FOFO

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

Purification amount is Pro

We have screened FOFO's prohibited income, but the exact share you would need to purify is part of Pro.

About Hang Feng Technology Innovation Co., Ltd. Ordinary Shares

Hang Feng Technology Innovation Co., Ltd., a firm incorporated in the Cayman Islands, primarily offers corporate management advisory and asset administration services through its various subsidiary entities. The company is dedicated to developing holistic business management and asset solutions, meticulously customized for a diverse client base, by drawing upon its extensive consulting network and specialized financial acumen.

Sector: Industrials · Industry: Consulting Services

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

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 2024Data source: FMP

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Frequently Asked Questions

Is Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO) halal to invest in?

Based on AAOIFI Standard 21 screening, Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO) 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 Hang Feng Technology Innovation Co., Ltd. Ordinary Shares get a A compliance rating?

Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Hang Feng Technology Innovation Co., Ltd. Ordinary Shares's Shariah verdict?

Hang Feng Technology Innovation Co., Ltd. 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 Hang Feng Technology Innovation Co., Ltd. Ordinary Shares re-screened for Shariah compliance?

Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO) 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.