Smart Logistics Global Limited Ordinary Shares

SLGB: Is Smart Logistics Global Limited Ordinary Shares Halal?

Smart Logistics Global Limited Ordinary Shares

NASDAQIndustrialsHK

$0.57

-9.74%

Market Cap: 24.3M

Compliance Status

Halal

Screened on Aug 12, 2026 · AAOIFI Standard 21

A

Very Good

81Score

Is Smart Logistics Global Limited Ordinary Shares (SLGB) halal? Halal. Based on AAOIFI screening, Smart Logistics Global Limited Ordinary Shares passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 81/100 (Grade: A).

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

20.6% of 30.0% limit

What this means for you

You can own SLGB

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened SLGB's prohibited income, but the exact share you would need to purify is part of Pro.

See what I owe (free for 7 days)

About Smart Logistics Global Limited Ordinary Shares

Smart Logistics Global Limited, operating alongside its various subsidiaries, delivers tailored business-to-business (B2B) logistics solutions across the People's Republic of China. Their core specialization involves the long-haul transportation of industrial raw materials. In addition to these services, the company also provides ground transportation, offers vehicle repair and maintenance, and sells essential automotive components like tires and spare parts. Its clientele spans a diverse range of sectors, including paper manufacturing, steel production, coal mining, and food processing, among others. Founded in 2017, the company maintains its headquarters in Pok Fu Lam, Hong Kong. Smart Logistics Global Limited functions as a subsidiary of ASL Ventures Limited.

Sector: Industrials · Industry: Integrated Freight & Logistics

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 12, 2026

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.

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Smart Logistics Global Limited Ordinary Shares (SLGB) halal to invest in?
Based on AAOIFI Standard 21 screening, Smart Logistics Global Limited Ordinary Shares (SLGB) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Smart Logistics Global Limited Ordinary Shares get a A compliance rating?
Smart Logistics Global Limited Ordinary Shares (SLGB) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 20.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Smart Logistics Global Limited Ordinary Shares's Shariah verdict?
Smart Logistics Global Limited Ordinary Shares'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 Smart Logistics Global Limited Ordinary Shares re-screened for Shariah compliance?
Smart Logistics Global Limited Ordinary Shares (SLGB) 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.