
VFS: Is VinFast Auto Ltd. Halal?
VinFast Auto Ltd.
$3.11
+0.00%
Market Cap: 7.3B
Compliance Status
Not Halal
Screened on Sep 3, 2026 · AAOIFI Standard 21
Non-Compliant
Is VinFast Auto Ltd. (VFS) halal? Not Halal. Based on AAOIFI screening, VinFast Auto Ltd. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates VinFast Auto Ltd. (VFS) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 3, 2026. Source: https://halalscreener.app/en/stock/VFS
Business activity
What the company sells is permissible.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
Most scholars advise not holding VFS
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
About VinFast Auto Ltd.
VinFast Auto Ltd. is an international company that specializes in the design, development, and production of electric vehicles (EVs), e-scooters, and e-buses. Its operations extend across Vietnam, Canada, and the United States. The company's core business is organized into three distinct segments: Cars, E-scooters, and E-buses. VinFast handles the entire lifecycle for its e-scooters, from initial design and development through manufacturing and sales. Additionally, it provides vital battery leasing and charging solutions to support its diverse range of electric cars, e-scooters, and e-buses. Its extensive product portfolio includes various electric models such as SUVs, mini-cars, mid-size pickup trucks, and 7-seater MPVs, alongside E-buses, E-scooters, and electric bikes. VinFast is also actively involved in developing advanced battery technology and related solutions. Headquartered in Hai Phong City, Vietnam, VinFast Auto Ltd. functions as a subsidiary of the larger Vingroup Joint Stock Company.
Sector: Consumer Cyclical · Industry: Auto - Manufacturers
Shariah Compliance Status
Compliance History
Not Halalnow
since Aug 2026
Under Review
until the change above
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
Halal Alternatives in Consumer Cyclical
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
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Frequently Asked Questions
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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.