What is J-Star Holding Co., Ltd. Ordinary Shares's Shariah compliance score?

J-Star Holding Co., Ltd. Ordinary Shares's (YMAT) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does J-Star Holding Co., Ltd. Ordinary Shares pass AAOIFI screening?

J-Star Holding Co., Ltd. Ordinary Shares (YMAT) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (YMAT: 229.1%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for J-Star Holding Co., Ltd. Ordinary Shares stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for J-Star Holding Co., Ltd. Ordinary Shares (YMAT) using the latest financial data.

Where can I screen J-Star Holding Co., Ltd. Ordinary Shares for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for J-Star Holding Co., Ltd. Ordinary Shares (YMAT) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about YMAT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

YMAT: Is J-Star Holding Co., Ltd. Ordinary Shares Halal?

J-Star Holding Co., Ltd. Ordinary Shares

NASDAQBasic MaterialsTW

$1.99

+7.57%

Market Cap: 5.6M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is J-Star Holding Co., Ltd. Ordinary Shares (YMAT) halal? Not Halal. Based on AAOIFI screening, J-Star Holding Co., Ltd. Ordinary Shares passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

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%.

229.1% of 30.0% limit

What this means for you

Most scholars advise not holding YMAT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About J-Star Holding Co., Ltd. Ordinary Shares

J-Star Holding Co., Ltd., established in 1968 and headquartered in Taichung, Taiwan, is a global manufacturer and distributor specializing in bicycles, various sports accessories, and advanced carbon fiber composite products. The company's offerings in the cycling sector include essential components for both high-performance sports bicycles and electric models. Within sports equipment, J-Star produces a diverse array of paddle rackets, catering to disciplines such as tennis, badminton, squash, and beach tennis. Furthermore, their expertise in carbon fiber composites is applied to create structural parts for the automotive industry, a range of other sporting goods, and various healthcare products.

Sector: Basic Materials · Industry: Chemicals - Specialty

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 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 Basic Materials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

THMA+

International Tower Hill Mines Ltd.

$2.01

+1.01%

0205.KLA+

DPI Holdings Berhad

$0.11

+0.00%

0379.KLA+

PMW International Berhad

$0.25

+0.06%

0381.KLA+

Polymer Link Holdings Berhad

$0.21

+0.02%

0385.KLA+

BMS

$0.14

+0.00%

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DuPont de Nemours, Inc.

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Free · No credit card required

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Frequently Asked Questions

Is J-Star Holding Co., Ltd. Ordinary Shares (YMAT) halal to invest in?

J-Star Holding Co., Ltd. Ordinary Shares (YMAT) 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 J-Star Holding Co., Ltd. Ordinary Shares get a F compliance rating?

J-Star Holding Co., Ltd. Ordinary Shares (YMAT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 229.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change J-Star Holding Co., Ltd. Ordinary Shares's Shariah verdict?

J-Star Holding Co., Ltd. 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 J-Star Holding Co., Ltd. Ordinary Shares re-screened for Shariah compliance?

J-Star Holding Co., Ltd. Ordinary Shares (YMAT) 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.