What is Highway Holdings Limited's Shariah compliance score?

Highway Holdings Limited's (HIHO) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Highway Holdings Limited pass AAOIFI screening?

Highway Holdings Limited (HIHO) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (HIHO: 75.5%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Highway Holdings Limited 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 Highway Holdings Limited (HIHO) using the latest financial data.

Where can I screen Highway Holdings Limited for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Highway Holdings Limited (HIHO) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about HIHO's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

HIHO: Is Highway Holdings Limited Halal?

Highway Holdings Limited

NASDAQIndustrialsHK

$0.90

-0.33%

Market Cap: 4.2M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Highway Holdings Limited (HIHO) halal? Not Halal. Based on AAOIFI screening, Highway Holdings Limited passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

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%.

75.5% of 30.0% limit

What this means for you

Most scholars advise not holding HIHO

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Highway Holdings Limited

Highway Holdings Limited, including its various subsidiaries, is primarily involved in the creation and distribution of a wide array of components, subassemblies, and complete products. These offerings encompass metal, plastic, electrical, and electronic categories, catering mainly to original equipment manufacturers (OEMs) and contract-based production companies. The firm's activities are structured into two distinct divisions: Metal Stamping and Mechanical OEM, and Electric OEM. Beyond its core manufacturing, Highway Holdings also deals in plastic injection molded items and fabricates specialized automation machinery. Their diverse product range is integrated into numerous consumer and industrial goods, such as photocopiers, laser printers, print cartridges, various electrical connectors and circuits, vacuum cleaners, LED power supplies, stepping motors, dishwasher pumps, and other washing machine parts. Moreover, the company extends its expertise by assisting clients with the conceptualization and development of tooling crucial for both metal and plastic fabrication processes. Their extensive suite of manufacturing and engineering services includes precision metal stamping, screen printing, plastic injection molding, pad printing, and the electronic assembly of printed circuit boards. Founded in 1990, Highway Holdings Limited maintains its corporate headquarters in Sheung Shui, Hong Kong, with operations spanning Hong Kong, China, Europe, North America, and various other Asian territories.

Sector: Industrials · Industry: Manufacturing - Metal Fabrication

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

Halal Alternatives in Industrials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Sanichi Technology Berhad

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Tri-Mode System (M) Berhad

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Powerwell Holdings Berhad

$1.07

+0.00%

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Frequently Asked Questions

Is Highway Holdings Limited (HIHO) halal to invest in?

Highway Holdings Limited (HIHO) 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 Highway Holdings Limited get a F compliance rating?

Highway Holdings Limited (HIHO) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 75.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Highway Holdings Limited's Shariah verdict?

Highway Holdings Limited'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 Highway Holdings Limited re-screened for Shariah compliance?

Highway Holdings Limited (HIHO) 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.