Kaixin Auto Holdings

KXIN: Is Kaixin Auto Holdings Halal?

Kaixin Auto Holdings

NASDAQConsumer CyclicalCN

$5.50

+0.92%

Market Cap: 153.3K

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Kaixin Auto Holdings (KXIN) halal? Not Halal. Based on AAOIFI screening, Kaixin Auto Holdings 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%.

953.5% of 30.0% limit

What this means for you

Most scholars advise not holding KXIN

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Kaixin Auto Holdings

Kaixin Auto Holdings operates primarily as a vehicle retailer within the People's Republic of China, focusing on the sale of both domestically produced and imported automobiles. Its product offerings prominently include luxury brands such as Audi, BMW, Mercedes-Benz, Land Rover, Bentley, Rolls-Royce, and Porsche. By the close of 2021 (December 31), the company's network had expanded to 14 used car dealerships, distributed across 14 cities in 12 different Chinese provinces. In addition to vehicle sales, Kaixin Auto Holdings facilitates financing solutions for its customers and affiliated dealers, leveraging strategic partnerships with various financial institutions. The company's main office is located in Beijing, China.

Sector: Consumer Cyclical · Industry: Auto - Dealerships

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 2025Data source: FMP
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Frequently Asked Questions

Is Kaixin Auto Holdings (KXIN) halal to invest in?
Kaixin Auto Holdings (KXIN) 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 Kaixin Auto Holdings get a F compliance rating?
Kaixin Auto Holdings (KXIN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 953.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Kaixin Auto Holdings's Shariah verdict?
Kaixin Auto Holdings'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 Kaixin Auto Holdings re-screened for Shariah compliance?
Kaixin Auto Holdings (KXIN) 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.