What is Kandi Technologies Group, Inc.'s Shariah compliance score?

Kandi Technologies Group, Inc. (KNDI) has a Shariah compliance score of 0/100 (Grade: F, Non-Compliant). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Kandi Technologies Group, Inc. pass AAOIFI screening?

Kandi Technologies Group, Inc. (KNDI) does not pass AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. KNDI's debt-to-market-cap is 96.1%.

How much purification is needed for Kandi Technologies Group, Inc.?

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 percentage and amount for Kandi Technologies Group, Inc. (KNDI) using the latest financial data.

Where can I screen Kandi Technologies Group, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Kandi Technologies Group, Inc. (KNDI) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

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KNDI: Is Kandi Technologies Group, Inc. Halal?

Kandi Technologies Group, Inc.

NASDAQConsumer CyclicalCN

$0.59

+1.24%

Market Cap: 49.2M

Compliance Status

Not Halal

Screened on Sep 28, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Kandi Technologies Group, Inc. (KNDI) halal? Not Halal. Based on AAOIFI screening, Kandi Technologies Group, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Kandi Technologies Group, Inc. (KNDI) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 28, 2026. Source: https://halalscreener.app/en/stock/KNDI

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%.

96.1% of 30.0% limit

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding KNDI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

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About Kandi Technologies Group, Inc.

Kandi Technologies Group, Inc. is an enterprise focused on the entire lifecycle—from conceptualization and engineering to manufacturing and market distribution—of electric vehicles (EVs) and their crucial components, as well as a diverse range of off-road vehicles. The company conducts its operations both within the People's Republic of China and internationally. Its offerings include various off-road transportation options such as all-terrain vehicles (ATVs), utility vehicles (UTVs), go-karts, electric scooters, and self-balancing electric scooters, along with their related accessories. For electric vehicles, Kandi also supplies essential parts like battery packs, structural body elements, EV control systems, climate control units, and numerous other automotive components. Established in 2002, the firm was formerly known as Kandi Technologies, Corp., before rebranding to Kandi Technologies Group, Inc. in December 2012. Its corporate headquarters are situated in Jinhua, People's Republic of China.

Sector: Consumer Cyclical · Industry: Auto - Manufacturers

Why this does not pass

Interest-bearing debt is 96.1% of market cap, over the 30% AAOIFI limit.
Interest-bearing deposits are over the 30% limit.
Income from prohibited sources is over the 5% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 28, 2026

See which ratio caused the failure.

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Institutional-grade Shariah analysis

See why KNDI is rated Not Halal with institutional-grade analysis

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Screened according to AAOIFI Standard 21

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 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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3891.KLA+

Malayan United Industries Berhad

$0.05

+0.00%

5336.KLA+

CUCKOO International (MAL) Berhad

$0.34

-0.03%

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Frequently Asked Questions

Is Kandi Technologies Group, Inc. (KNDI) halal to invest in?

Kandi Technologies Group, Inc. (KNDI) 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 Kandi Technologies Group, Inc. get a F compliance rating?

Kandi Technologies Group, Inc. (KNDI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 96.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Kandi Technologies Group, Inc.'s Shariah verdict?

Kandi Technologies Group, 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 Kandi Technologies Group, Inc. re-screened for Shariah compliance?

Kandi Technologies Group, Inc. (KNDI) 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: Sep 28, 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.