US EQUITIES CLOSED CRYPTO 24/7
HALAL TRADING ROOM Sharia-screened signals
TERMINAL
68

688301.SS

$88.54
Sharia status
COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 1.23%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No active setup right now. The technical picture doesn't show a clear edge — check back when the trend or momentum shifts.

iRay Group (688301.SS) is currently considered halal (Sharia-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.

Market & analysts
Price target
$125.17
+41.4% · 6 analysts
Institutional own.
23.4%
of shares
COMPLIANT
Sharia compliance
1.23%
Non-permissible income — HTR, from filings (2025-12-31)
$125.17
Price target (+41.4%) · 6 analysts
23.4%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. 688301.SS files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Pass

RatioValueThresholdResult
Interest-bearing debt 13.66% 30.00% Pass
Interest-bearing investments 11.39% 30.00% Pass
Non-permissible income 1.23% 5.00% Pass

Usmani Fail

RatioValueThresholdResult
Interest-bearing debt 34.23% 33.00% Fail
Interest-bearing investments 28.53% 33.00% Pass
Non-liquid assets 65.84% at least 20.00% Pass
Non-permissible income 1.23% 5.00% Pass

MSCI Fail

RatioValueThresholdResult
Interest-bearing debt 34.23% 33.33% Fail
Cash + interest-bearing securities 28.53% 33.33% Pass
Accounts receivable 34.16% 33.33% Fail
Non-permissible income 1.23% 5.00% Pass

FTSE Fail

RatioValueThresholdResult
Interest-bearing debt 34.23% 33.33% Fail
Cash + interest-bearing securities 28.53% 33.33% Pass
Accounts receivable 34.16% 50.00% Pass
Non-permissible income 1.23% 5.00% Pass

Dow Jones Islamic Market Pass

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 17.09% 33.00% Pass
Cash + interest-bearing securities 14.24% 33.00% Pass
Accounts receivable 2.81% 33.00% Pass
Non-permissible income 1.23% 5.00% Pass

S&P Shariah Pass

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 16.93% 33.00% Pass
Cash + interest-bearing securities 14.11% 49.00% Pass
Accounts receivable 2.79% 49.00% Pass
Non-permissible income 1.23% 5.00% Pass

MSCI M-Series Pass

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 16.93% 33.33% Pass
Cash + interest-bearing securities 14.11% 33.33% Pass
Accounts receivable 16.89% 49.00% Pass
Non-permissible income 1.23% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

145.74126.48107.2287.9668.702025-09-112026-03-192026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
85.60
S2
87.06
S1
88.73
PIVOT
90.19
R1
91.86
R2
93.32
R3
94.99

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
81.031 105.009
±12.89% from 93.02, made 2026-09-03 · resolves 2026-09-10
STRONG SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 21980 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG SELL
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG SELL
0 buy · 0 neutral · 12 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)40.70NEUTRAL
Stochastic %K (14)15.02BUY
CCI (20)-160.81BUY
Williams %R (14)-84.98BUY
MACD (12,26,9)-0.67SELL
ROC (10)-6.42SELL
Momentum (10)-6.07SELL
EMA (10)91.98SELL
SMA (10)92.42SELL
EMA (20)93.41SELL
SMA (20)95.23SELL
EMA (30)94.41SELL
SMA (30)94.19SELL
EMA (50)96.13SELL
SMA (50)94.85SELL
EMA (100)96.46SELL
SMA (100)101.91SELL
EMA (200)89.30SELL
SMA (200)90.25SELL

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About iRay Group

Healthcare · Medical Instruments & Supplies

iRay Group, together with its subsidiaries, researches, develops, produces, sells, and services x-ray system components and micro-display backplanes for use in medical, dental, oncology, veterinary, security, and nondestructive testing applications in China and internationally. The company offers wireless and tethered radiography, mammography, and dynamic/real-time detectors; linear detector arrays; X-ray and micro focus X-ray sources; high voltage generators; radiation detecting materials; software; and other products. It is also involved in the technology and product development; customer service; and investment and management activities. The company exports its products to approximately 80 countries. The company was formerly known as iRay Technology Company Limited and changed its name to iRay Group in February 2025. iRay Group was incorporated in 2011 and is headquartered in Shanghai, China.

iraygroup.com ↗

Background via Yahoo Finance — informational, not part of the verdict.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.