What is Paranovus Entertainment Technology Ltd.'s Shariah compliance score?

Paranovus Entertainment Technology Ltd.'s (PAVS) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Paranovus Entertainment Technology Ltd. pass AAOIFI screening?

Paranovus Entertainment Technology Ltd. (PAVS) 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% (PAVS: 42.3%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Paranovus Entertainment Technology Ltd. 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 Paranovus Entertainment Technology Ltd. (PAVS) using the latest financial data.

Where can I screen Paranovus Entertainment Technology Ltd. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Paranovus Entertainment Technology Ltd. (PAVS) and 10,000+ 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 PAVS's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

PAVS: Is Paranovus Entertainment Technology Ltd. Halal?

Paranovus Entertainment Technology Ltd.

NASDAQHealthcareUS

$6.81

-2.85%

Market Cap: 5.8M

Compliance Status

Not Halal

Screened on Aug 12, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Paranovus Entertainment Technology Ltd. (PAVS) halal? Not Halal. Based on AAOIFI screening, Paranovus Entertainment Technology Ltd. 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%.

42.3% of 30.0% limit

What this means for you

Most scholars advise not holding PAVS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Paranovus Entertainment Technology Ltd.

Paranovus Entertainment Technology Ltd. operates in the artificial intelligence (AI)-powered entertainment industry. The company focuses on providing AI-driven games and applications. The company was formerly known as Happiness Development Group Limited and changed its name to Paranovus Entertainment Technology Ltd. in March 2023. Paranovus Entertainment Technology Ltd. was founded in 2004 and is based in New York, New York.

Sector: Healthcare · Industry: Medical - Pharmaceuticals

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 Healthcare

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

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Kotra Industries Bhd

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LYC Healthcare Bhd

$0.01

+0.00%

0101.KLA+

TMC Life Sciences Bhd

$0.46

-0.02%

0155.KLA+

Malaysian Genomics Resource Centre Bhd

$0.31

+0.02%

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Merck & Co., Inc.

Free · No credit card required

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Frequently Asked Questions

Is Paranovus Entertainment Technology Ltd. (PAVS) halal to invest in?

Paranovus Entertainment Technology Ltd. (PAVS) 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 Paranovus Entertainment Technology Ltd. get a F compliance rating?

Paranovus Entertainment Technology Ltd. (PAVS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 42.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Paranovus Entertainment Technology Ltd.'s Shariah verdict?

Paranovus Entertainment Technology 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 Paranovus Entertainment Technology Ltd. re-screened for Shariah compliance?

Paranovus Entertainment Technology Ltd. (PAVS) 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.