Wing Yip Food Holdings Group Limited American Depositary Shares

WYHG: Is Wing Yip Food Holdings Group Limited American Depositary Shares Halal?

Wing Yip Food Holdings Group Limited American Depositary Shares

NASDAQConsumer DefensiveCN

$5.00

-2.91%

Market Cap: 62.9M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Wing Yip Food Holdings Group Limited American Depositary Shares (WYHG) halal? Not Halal. Based on AAOIFI screening, Wing Yip Food Holdings Group Limited American Depositary Shares has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

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

45.8% of 30.0% limit

What this means for you

Most scholars advise not holding WYHG

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Wing Yip Food Holdings Group Limited American Depositary Shares

Wing Yip Food Holdings Group Limited, together with its subsidiary companies, functions as a leading meat processing enterprise operating within mainland China. Its core business involves the manufacturing, marketing, and delivery of a wide array of meat-based food items. The company's product line is extensive, featuring various cured meats, notably traditional cured pork sausages and other pork preparations, alongside cured chicken, duck, and fish products. Furthermore, they offer a selection of convenient snack foods, including ready-to-eat sausages, jerky, duck necks, duck feet, and claypot rice. Their offerings also extend to frozen meat products, such as frozen sausages, beef patties, and chicken breast fillets. These goods are distributed under the company's established brands: Wing Yip, Jiangwang, and Kuangke. Wing Yip Food Holdings Group utilizes a diverse distribution strategy, reaching customers through independent distributors, its own retail outlets, various third-party stores, major supermarket chains, and an active online presence across e-commerce platforms and dedicated online stores. The company, which was formerly recognized as Wing Yip Food (China) Holdings Group Limited, commenced operations in 1915 and maintains its principal offices in Zhongshan City, China.

Sector: Consumer Defensive · Industry: Packaged Foods

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

  • Prohibited activity detected: pork

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 Consumer Defensive

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Frequently Asked Questions

Is Wing Yip Food Holdings Group Limited American Depositary Shares (WYHG) halal to invest in?
Wing Yip Food Holdings Group Limited American Depositary Shares (WYHG) 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 Wing Yip Food Holdings Group Limited American Depositary Shares get a F compliance rating?
Wing Yip Food Holdings Group Limited American Depositary Shares (WYHG) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 45.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Wing Yip Food Holdings Group Limited American Depositary Shares's Shariah verdict?
Wing Yip Food Holdings Group Limited American Depositary 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 Wing Yip Food Holdings Group Limited American Depositary Shares re-screened for Shariah compliance?
Wing Yip Food Holdings Group Limited American Depositary Shares (WYHG) 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.