Is China Natural Resources (CHNR) stock Halal?
September 2026 AAOIFI screening result for China Natural Resources, Inc. (CHNR): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Dividend purification factor: 99.95%. Re-screened monthly against AAOIFI Shariah Standard No. 21.
China Natural Resources Inc. is a mining and exploration company focused primarily on the People's Republic of China. Through its subsidiaries, it engages in the exploration and mining of metal properties including lead, silver, and other nonferrous metals. The company holds significant interests in the Moruogu Tong mine, located in Inner Mongolia, which spans approximately 7.81 square kilometers. Before any of that matters to a Muslim investor, one question comes first: is China Natural Resources stock Halal?
Is China Natural Resources Shariah compliant?
For a resources company like China Natural Resources, AAOIFI Shariah Standard No. 21 has little quarrel with the product; the scrutiny falls on the financing. Heavy machinery and long project cycles are usually funded with debt, and the standard tolerates interest bearing borrowing only below 30% of market capitalisation.
Does China Natural Resources pass the business activity test?
Yes. In the September 2026 screening China Natural Resources holds an overall PASS, which a stock only earns when its core business clears the activity screen. The activity itself, extracting and selling resources, raises no Shariah objection; the scrutiny belongs to the financing.
Is China Natural Resources' income Halal?
Yes, within AAOIFI's tolerance. China Natural Resources' income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 99.95% tells holders of CHNR what share of each dividend to keep and what remainder to donate to charity.
Does China Natural Resources meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has CHNR re-screened every month, and the result above always shows the latest verdict.
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?



