Is J-Star Holding Co., Ltd. YMAT stock halal to invest in?

No, as of August 2026, J-Star Holding Co., Ltd. stock (YMAT) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. J-Star Holding Co., Ltd. currently does not meet the threshold for the interest-bearing debt screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of J-Star Holding Co., Ltd. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is J-Star Holding Co., Ltd. YMAT reviewed for Shariah compliance?

Tabadulat reviews J-Star Holding Co., Ltd. YMAT for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for J-Star Holding Co., Ltd. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does J-Star Holding Co., Ltd. YMAT pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, J-Star Holding Co., Ltd. stock (YMAT) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. J-Star Holding Co., Ltd.'s income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does J-Star Holding Co., Ltd. YMAT pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, J-Star Holding Co., Ltd. stock (YMAT) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). J-Star Holding Co., Ltd.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does J-Star Holding Co., Ltd. YMAT pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, J-Star Holding Co., Ltd. stock (YMAT) does not pass the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. J-Star Holding Co., Ltd.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for J-Star Holding Co., Ltd. YMAT stock?

J-Star Holding Co., Ltd. (YMAT) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If J-Star Holding Co., Ltd. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does J-Star Holding Co., Ltd. YMAT pass the AAOIFI Preference Share screen?

Yes, as of August 2026, J-Star Holding Co., Ltd. stock (YMAT) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. J-Star Holding Co., Ltd. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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J-Star Holding Co., Ltd.

NASDAQ

Shariah-Compliant

Not Shariah

YMAT

About

J-Star Holding Co., Ltd.

YMAT

J-Star Holding Co., Ltd. is a holding company specializing in the manufacture and trade of carbon fiber composite products, bicycles, and sports accessories, with operations headquartered in Taichung, Taiwan. Drawing on more than five decades of expertise since its founding in 1970, J-Star Holding has developed advanced technologies in carbon reinforcement and resin systems. The company designs and produces a wide array of lightweight, high-performance carbon composite products, serving sectors such as personal sports equipment—including bicycle parts and rackets—healthcare devices, and key structural parts for automobiles. J-Star operates through subsidiaries in Taiwan, Hong Kong, and Samoa, positioning itself as a global supplier in the industrial and commercial services sector. Its products are distributed to both local and international markets, demonstrating the firm’s capability in applying composite material technologies across multiple industries. With its 2025 initial public offering, J-Star Holding Co., Ltd. underscores its ongoing commitment to innovation in materials science and the growing market for advanced composites in sports, healthcare, and automotive applications.

Sector:

Basic Materials

Industry:

Specialty Chemicals

Employees:

Website:

https://j-starholding.com

YMAT

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J-Star Holding Co., Ltd.

About

J-Star Holding Co., Ltd.

YMAT

Frequently asked questions

Is J-Star Holding Co., Ltd. YMAT stock halal to invest in?

How often is J-Star Holding Co., Ltd. YMAT reviewed for Shariah compliance?

Does J-Star Holding Co., Ltd. YMAT pass the AAOIFI Non Permissible Income criteria?

Does J-Star Holding Co., Ltd. YMAT pass the AAOIFI Interest Bearing Investments criteria?

Does J-Star Holding Co., Ltd. YMAT pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for J-Star Holding Co., Ltd. YMAT stock?

Does J-Star Holding Co., Ltd. YMAT pass the AAOIFI Preference Share screen?

Can I buy J-Star (YMAT) stock on Tabadulat?

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