Kandi Technologies Group, Inc.

KNDI: Is Kandi Technologies Group, Inc. Halal?

Kandi Technologies Group, Inc.

NASDAQConsumer CyclicalCN

$0.63

+0.08%

Market Cap: 52.7M

Compliance Status

Not Halal

Screened on Aug 12, 2026 · AAOIFI Standard 21

F

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).

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%.

89.6% of 30.0% limit

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

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

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 12, 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 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 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 89.6% (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: Aug 12, 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.