Xiaomi Corporation

XIACY: Is Xiaomi Corporation Halal?

Xiaomi Corporation

OTCTechnologyCN

$17.67

+9.14%

Market Cap: 91.4B

Compliance Status

Not Halal

Screened on Aug 20, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Xiaomi Corporation (XIACY) halal? Not Halal. Based on AAOIFI screening, Xiaomi Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

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%.

45.8% of 30.0% limit

What this means for you

Most scholars advise not holding XIACY

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Xiaomi Corporation

Xiaomi Corporation functions as an investment holding entity, delivering a range of hardware, software, and online services. Its operations are geographically widespread, reaching mainland China, India, Europe, and various other international markets. The company organizes its business into distinct segments: Smartphones, IoT and Lifestyle Products, Internet Services, and a broader 'Others' category. The Smartphones division is dedicated to the sale of mobile telecommunication devices. The IoT and Lifestyle Products segment provides a diverse portfolio, including smart televisions, laptops, AI-enabled speakers, and intelligent routers, alongside an assortment of other Internet of Things (IoT) hardware and general lifestyle items. Within the Internet Services segment, Xiaomi offers advertising solutions and various internet value-added services, while also participating in the online gaming and financial technology (fintech) sectors. The Others segment is primarily focused on providing repair and maintenance services for the company's physical products. Beyond these core segments, Xiaomi's activities encompass the wholesale and retail distribution of its own smartphones and products from its ecosystem partners. The company is also involved in the development and commercialization of software, hardware, and electronic goods, as well as the sourcing and selling of smartphones, partner products, and spare parts. Raw material procurement and the management of its own retail outlets are also key components of its operations. Additionally, Xiaomi engages in extensive research and development for computer software and information technology. Its diverse business interests further extend to property management, commercial factoring, e-commerce, and market research. The company also sells digital books, undertakes investment and asset management, project financing, and provides consulting services related to investments and technology transfer. Its financial offerings include internet finance, consumer lending, virtual banking, software-related services, IT advisory, and electronic payment solutions. Xiaomi Corporation was founded in 2010 and has its global headquarters located in Beijing, People's Republic of China.

Sector: Technology · Industry: Consumer Electronics

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 20, 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 Technology

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Frequently Asked Questions

Is Xiaomi Corporation (XIACY) halal to invest in?
Xiaomi Corporation (XIACY) 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 Xiaomi Corporation get a F compliance rating?
Xiaomi Corporation (XIACY) 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 Xiaomi Corporation's Shariah verdict?
Xiaomi Corporation'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 Xiaomi Corporation re-screened for Shariah compliance?
Xiaomi Corporation (XIACY) 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 20, 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.