Ping An Biomedical Co., Ltd.

PASW: Is Ping An Biomedical Co., Ltd. Halal?

Ping An Biomedical Co., Ltd.

NASDAQConsumer CyclicalHK

$0.14

+5.51%

Market Cap: 2.7M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Ping An Biomedical Co., Ltd. (PASW) halal? Not Halal. Based on AAOIFI screening, Ping An Biomedical Co., Ltd. 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%.

58.7% of 30.0% limit

What this means for you

Most scholars advise not holding PASW

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Ping An Biomedical Co., Ltd.

Ping An Biomedical Co., Ltd. delivers comprehensive supply chain management services tailored for the clothing sector. The company furnishes integrated solutions to its clients, covering a wide spectrum of offerings from initial yarn products and various textiles to fully manufactured garments. Its operations are organized into two primary divisions: Yarns and Finished Garments. Established in 2013 by Yuk Yin Li and Sek Yan Ko, the firm's main office is situated in Hong Kong.

Sector: Consumer Cyclical · Industry: Apparel - Manufacturers

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 Ping An Biomedical Co., Ltd. (PASW) halal to invest in?
Ping An Biomedical Co., Ltd. (PASW) 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 Ping An Biomedical Co., Ltd. get a F compliance rating?
Ping An Biomedical Co., Ltd. (PASW) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 58.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Ping An Biomedical Co., Ltd.'s Shariah verdict?
Ping An Biomedical Co., Ltd.'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 Ping An Biomedical Co., Ltd. re-screened for Shariah compliance?
Ping An Biomedical Co., Ltd. (PASW) 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.