Is Li Bang International (LBGJ) stock Halal?
September 2026 AAOIFI screening result for Li Bang International Corp., Inc. (LBGJ): non-permissible income, pass. Interest-bearing investments, fail. Interest-bearing debt, fail. Preference shares, pass. Li Bang International Corp., Inc. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Li Bang International is a prominent player in the manufacturing industry, specializing in the production and distribution of advanced materials. The company is renowned for its innovative approach to developing sustainable products used across a range of applications, including construction, automotive, and electronics industries. Li Bang International focuses on leveraging cutting-edge technology to enhance the efficiency and quality of its offerings, addressing the evolving needs of a global market. Before any of that matters to a Muslim investor, one question comes first: is Li Bang International stock Halal?
Is Li Bang International Shariah compliant?
Industrial businesses like Li Bang International usually pass the activity screen without drama. The harder test is financial: heavy assets mean heavy financing, and AAOIFI Shariah Standard No. 21 tolerates interest bearing debt and investments only below 30% of market capitalisation, ratios that shift with every move in the share price.
Does Li Bang International pass the business activity test?
The activity screen is only part of the picture this month: Li Bang International currently fails the interest-bearing investments and interest-bearing debt screens, so the overall verdict is not compliant regardless of the business itself. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is Li Bang International's income Halal?
Yes, within AAOIFI's tolerance. Li Bang International's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Li Bang International meet AAOIFI's debt and investment ratio requirements?
No. Both ratios currently breach the 30% caps: interest bearing investments and interest bearing debt each exceed the limit AAOIFI permits for a Halal investment. The ratios move with the share price as well as the balance sheet, and our Shariah Supervisory Board has LBGJ re-screened every month.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



