ZK International Group Co., Ltd.

ZKIN: Is ZK International Group Co., Ltd. Halal?

ZK International Group Co., Ltd.

NASDAQBasic MaterialsCN

$1.18

+2.45%

Market Cap: 6.7M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is ZK International Group Co., Ltd. (ZKIN) halal? Not Halal. Based on AAOIFI screening, ZK International Group Co., Ltd. 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%.

351.0% of 30.0% limit

What this means for you

Most scholars advise not holding ZKIN

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About ZK International Group Co., Ltd.

ZK International Group Co., Ltd. engages in the designing, producing, and selling pipes and fitting products in the People’s Republic of China. The company provides carbon steel and stainless steel strip; light gauge stainless steel pipe; pipe connections and fittings; pipe fittings to extend or terminate pipe runs, including couplings, adapters, unions, caps, and plugs pipe; elbows and three-way fittings; tees, cross, side-inlet elbows, and wyes to connect two or more pipes; reducers and bushings to change pipe size; pipe fasteners; and pipe flanges. It offers stainless steel band, copper strip, welded stainless steel pipes and fittings, pipe fittings, valve, light industry machinery and equipment, and other stainless steel products. In addition, the company is involved in the import and export of goods and technology; trading of steel coil, steel strip, and nickel materials; operates in non-fungible token marketplace; and operates sports betting and casino. Its products are used in various applications, including water and gas transmission within urban infrastructural development, residential housing development, food and beverage production, oil and gas exploitation, and agricultural irrigation. It exports its products to Europe, Africa, and Southeast Asia. ZK International Group Co., Ltd. was incorporated in 2015 and is based in Wenzhou, the People’s Republic of China.

Sector: Basic Materials · Industry: Steel

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: casino
  • Prohibited activity detected: betting

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

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Frequently Asked Questions

Is ZK International Group Co., Ltd. (ZKIN) halal to invest in?
ZK International Group Co., Ltd. (ZKIN) 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 ZK International Group Co., Ltd. get a F compliance rating?
ZK International Group Co., Ltd. (ZKIN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 351.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change ZK International Group Co., Ltd.'s Shariah verdict?
ZK International Group Co., Ltd.'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 ZK International Group Co., Ltd. re-screened for Shariah compliance?
ZK International Group Co., Ltd. (ZKIN) 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.