
PLAG: Is Planet Green Holdings Corp. Halal?
Planet Green Holdings Corp.
$0.72
-7.98%
Market Cap: 10.3M
Compliance Status
Halal
Screened on Aug 26, 2026 · AAOIFI Standard 21
Excellent
Is Planet Green Holdings Corp. (PLAG) halal? Halal. Based on AAOIFI screening, Planet Green Holdings Corp. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 94/100 (Grade: A+).
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You can own PLAG
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purification amount is Pro
We have screened PLAG's prohibited income, but the exact share you would need to purify is part of Pro.
About Planet Green Holdings Corp.
Planet Green Holdings Corp. (PGHC), through its various divisions and subsidiaries, cultivates, processes, and distributes a comprehensive range of tea products, including brick, black, and green varieties, both within China and across international markets. In addition to its tea operations, the company imports and distributes beef products. It further specializes in the research, development, manufacturing, and commercialization of a diverse array of chemical compounds, such as formaldehyde, urea formaldehyde adhesive, methylal, ethanol fuel, various fuel additives, and clean fuels. The firm is also involved in the design, development, and production of specialized industrial equipment, including skid-mounted refueling units, LNG (liquefied natural gas) cryogenic equipment, and oil storage tanks. Furthermore, PGHC operates an online demand-side platform (DSP), a proprietary system designed to empower digital advertisers to seamlessly manage multiple advertising and data exchange platforms. Formerly known as American Lorain Corporation, the entity officially adopted the name Planet Green Holdings Corp. in September 2018. Incorporated in 1986, Planet Green Holdings Corp. maintains its corporate headquarters in Flushing, New York.
Sector: Industrials · Industry: Conglomerates
Shariah Compliance Status
Compliance History
Halal, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 2026. Updates automatically on each re-screen.
More Industrials Stocks
Track PLAG and 6,200+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
Frequently Asked Questions
Is Planet Green Holdings Corp. (PLAG) halal to invest in?
Why did Planet Green Holdings Corp. get a A+ compliance rating?
What could change Planet Green Holdings Corp.'s Shariah verdict?
How often is Planet Green Holdings Corp. re-screened for Shariah compliance?
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.