AHMADoubtfulB+
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Compliance Status

Doubtful

Screened on Oct 18, 2026 · AAOIFI Standard 21

B+

Good

77Score

Is Ambitions Enterprise Management Co. L.L.C (AHMA) halal? Doubtful. Based on AAOIFI screening, Ambitions Enterprise Management Co. L.L.C passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 77/100 (Grade: B+).

Quote this verdict

HalalScreener rates Ambitions Enterprise Management Co. L.L.C (AHMA) Doubtful, 77/100, grade B+ under AAOIFI Standard 21, screened Oct 18, 2026. Source: https://halalscreener.app/en/stock/AHMA

Business activity

Its main business is permissible, with some incidental non-compliant revenue.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

0.6% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

You may own AHMA, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

We have screened AHMA's prohibited income, but the exact share you would need to purify is part of Pro.

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Ambitions Enterprise Management Co. L.L.C

AHMA: Is Ambitions Enterprise Management Co. L.L.C Halal?

Ambitions Enterprise Management Co. L.L.C

NASDAQConsumer CyclicalAE

$1.16

-6.45%

Market Cap: 34.5M

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About Ambitions Enterprise Management Co. L.L.C

Ambitions Enterprise Management Co. L.L.C (AHMA), a Dubai-based entity incorporated in 2023, operates within the United Arab Emirates as a subsidiary of HMDA Limited. The company specializes in comprehensive event management and offers a full range of travel and tourism services. For its event management arm, AHMA meticulously plans, organizes, and executes a diverse array of gatherings. This includes corporate functions such as annual meetings, incentive programs, product launches, conferences, exhibitions, and staff events, as well as managing guest invitations. The company also handles associated services like event website and application development, and promotional advertising. Furthermore, it provides end-to-end support for companies and industry associations, covering event planning, ticketing, visa applications, on-ground logistics, accommodation and dining arrangements, and comprehensive event reception and execution. Beyond events, AHMA's tourism division facilitates various travel needs. This includes booking flights, arranging airport transfers, securing hotel and restaurant reservations, coordinating car and bus rentals, and providing professional tour guides.

Sector: Consumer Cyclical · Industry: Travel Services

Why This Stock Is Doubtful

  • Business activity: the company's own filing confirms revenue from an activity AAOIFI treats as prohibited but does not disclose its share, so it cannot be shown to be under the 5% limit.

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 18, 2026

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Business Activity Screen

Share not disclosed

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

Prohibited revenue confirmed, share not disclosed
3.0%

The company's own filing names this revenue but does not say how large it is, so it cannot be shown to be under the AAOIFI 5% limit. The verdict stays Doubtful until the company discloses a figure. The percentage shown is an estimate for purification only.

  • •Earns commissions selling conventional insurance; their share of revenue is not disclosed

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

Source: the company's Form 20-F for the fiscal year ended 2025-12-31, which names this revenue without a figure. View its filings on SEC EDGAR

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The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

Compliance History

  1. Doubtfulnow

    since Sep 2026

  2. Halal

    until the change above

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

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Ambitions Enterprise Management Co. L.L.C (AHMA) halal to invest in?
Ambitions Enterprise Management Co. L.L.C (AHMA) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Ambitions Enterprise Management Co. L.L.C get a B+ compliance rating?
Ambitions Enterprise Management Co. L.L.C (AHMA) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Ambitions Enterprise Management Co. L.L.C's Shariah verdict?
Ambitions Enterprise Management Co. L.L.C'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 Ambitions Enterprise Management Co. L.L.C re-screened for Shariah compliance?
Ambitions Enterprise Management Co. L.L.C (AHMA) 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: Oct 18, 2026.

Screened according to AAOIFI Standard No. 21 · 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.