CNF – CNFinance Holdings Ltd

Not Compliant

CNFinance Holdings Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.

CNFinance Holdings Limited is a China-based company principally engaged in the provision of home equity loan service. The Company’s primary target borrower segment is micro- and small-enterprise (MSE) owners who own real properties in Tier 1 and Tier 2 cities in China. The Company aims to serve its target borrowers by facilitating home equity loans and providing tailored services.

AAOIFI ✗

Debt ÷ Market cap (MC)729.97
Non-Compliant Assets ÷ MC1058.7