Is Solowin Holdings Ordinary Share (AXG) halal? Halal. Based on AAOIFI screening, Solowin Holdings Ordinary Share passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 84/100 (Grade: A).

Solowin Holdings Ordinary Share

AXG: Is Solowin Holdings Ordinary Share Halal?

Halal

Solowin Holdings Ordinary Share

NASDAQFinancial ServicesHK

$3.43

-1.72%

Purify ~2.7% of income

About Solowin Holdings Ordinary Share

Solowin Holdings, an investment holding company, provides securities brokerage, corporate finance, investment advisory, and asset management services in Hong Kong. It operates Solomon Pro, a trading platform that allows investors to trade listed securities and their derivative products listed on the Hong Kong Stock Exchange, New York Stock Exchange, Nasdaq, Shanghai Stock Exchange, and Shenzhen Stock Exchange. The company also provides Hong Kong securities trading, initial public offering subscription and placement, bond trading, fund subscription, equity custodian and agent, investment immigrant account management, enterprise employee shareholding exercise, professional investment research, and instant quotation services. In addition, it offers investment advisory services to its clients based on their financial needs and risk appetite; and issues and manages various fund products. Further, the company provides professional asset management services to financial institutions and private institutions, as well as tailored financial services to individual investors; investment banking services; financial and independent financial advisory services for unlisted and listed companies; and offshore private fund investment services. Solowin Holdings was incorporated in 2021 and is based in Tsim Sha Tsui, Hong Kong.

Sector: Financial Services 路 Industry: Financial - Capital Markets

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 14, 2026
A

Very Good

Strong compliance across all metrics

84Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap0.7% / 30.0%

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 14, 2026Fiscal: FY 2025Source: FMP

Purify Your AXG Dividends

2.7% non-compliant income

AXG has 2.7% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

149.2M

Price

$3.43

Sector

Financial Services

Industry

Financial - Capital Markets

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Frequently Asked Questions

Is Solowin Holdings Ordinary Share (AXG) halal to invest in?
Based on AAOIFI Standard 21 screening, Solowin Holdings Ordinary Share (AXG) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Solowin Holdings Ordinary Share get a A compliance rating?
Solowin Holdings Ordinary Share (AXG) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.7% (limit 30%); interest-bearing deposits of 2.6% (limit 30%); prohibited income of 2.70% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Solowin Holdings Ordinary Share's Shariah verdict?
Solowin Holdings Ordinary Share'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 Solowin Holdings Ordinary Share re-screened for Shariah compliance?
Solowin Holdings Ordinary Share (AXG) 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: Jun 14, 2026.

Screened according to AAOIFI Standard No. 21 路 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.