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  • Top Ten Halal Stocks Listed in Shenzhen
    The TYC Finance team has selected the following top ten listed companies from the largest 40 enterprises listed on the Shenzhen Stock Exchange as of September 30, 2024. We believe that these companies meet the requirements and philosophy of Islamic finance compliance in terms of business practices, financial health, and social responsibility.
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    Release time:2024-10-09
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    TYC Finance ALI


    Amid global economic fluctuations, Chinese assets, including stocks listed on the Shenzhen Stock Exchange, have demonstrated significant resilience and growth potential. These stocks have not only attracted the attention of global investors but also met the principles of Islamic finance, providing an ideal choice for Muslim investors seeking stable investments.


    The core principles of Islamic finance include fairness, transparency, and avoiding investment in industries that violate Islamic teachings, such as gambling, alcohol, tobacco, pork products, armaments, and pornography. In addition, Islamic finance emphasizes that companies should avoid excessive debt and interest income, placing greater emphasis on social responsibility, including environmental protection, charitable causes, and sustainable development.


    The following is a list of the top ten companies selected by the TYC Finance team based on modern Islamic financial business and financial standards among the top 40 companies by market value listed on the Shenzhen Stock Exchange. We believe that these companies meet the requirements and philosophy of Islamic finance in terms of business practice, financial health, and social responsibility.



    1. **CATL (300750)**

       CATL is a global leader in lithium-ion battery manufacturing, focusing on the research, development, production, and sales of new energy vehicle power battery systems and energy storage systems. The company is committed to promoting the development of clean energy through technological innovation, which aligns with the requirements of Islamic finance for environmental protection and sustainable development.


    2. **Midea Group (000333)**

       Midea Group is a leader in China's home appliance industry, providing a variety of home appliance products and solutions. The company is favored by investors for its efficient operations and sound financial condition.


    3. **Mindray Medical (300760)**

       Mindray Medical is a leading medical equipment company in China, focusing on the research and development and manufacturing of medical equipment. The company is known for its high-quality products and commitment to social responsibility.


    4. **Jiangsu Hengrui Medicine (600276)**

       Jiangsu Hengrui Medicine is a leading company in China's pharmaceutical industry, focusing on the research, development, production, and sales of high-quality pharmaceutical products. The company focuses on innovation and R&D investment, committed to providing better medical services.


    5. **Luxshare Precision (002475)**

       Luxshare Precision is a company focused on precision manufacturing, with products widely used in consumer electronics, communication, automotive, and other fields. The company is noted by investors for its technological innovation and sound financial condition.


    6. **Hikvision (002415)**

       Hikvision is a global leader in video surveillance products and solutions. The company is known for its strong R&D capabilities and high-quality products.


    7. **Gree Electric (000651)**

       Gree Electric is one of China's largest air conditioner manufacturers, recognized by the market for its high-quality products and innovative technology.


    8. **SF Holding (002352)**

       SF Holding is a leading express logistics service provider in China, known for its efficient services and good reputation. In terms of social responsibility, SF Holding actively gives back to the community by providing employment opportunities, supporting disaster relief logistics, and participating in community service activities.


    9. **Sungrow (300274)**

       Sungrow focuses on the research, development, production, and sales of solar photovoltaic inverters and energy storage systems. The company is committed to promoting the development of renewable energy, which aligns with the requirements of Islamic finance for environmental protection and sustainable development.


    10. **North Micro (002371)**

        North Micro is a leading semiconductor equipment manufacturer in China, providing advanced equipment and solutions for the semiconductor, LED, and photovoltaic industries. At the same time, North Micro also focuses on the occupational health and safety of employees, provides training and development opportunities, and supports education and scientific research endeavors, promoting the advancement and dissemination of scientific and technological knowledge.


    **Summary**


    We believe that these companies listed on the Shenzhen Stock Exchange are not only financially stable but also stand out in terms of social responsibility and environmental protection, and they also meet the compliance requirements of Islamic finance for listed companies in terms of business and finance. The content of this article is not stock investment advice or recommendations, but an educational popularization of financial and investment concepts. We hope that investors will fully understand the risks of the stock market and consider the company's financial condition, market position, growth potential, and social responsibility when choosing these stocks. Before making investment decisions, it is recommended to conduct thorough market research and consult with professional advisors.




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