AMTD IDEA Group

AMTD: Is AMTD IDEA Group Halal?

AMTD IDEA Group

NYSEFinancial ServicesFR

$0.77

-3.69%

Market Cap: 5.8M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is AMTD IDEA Group (AMTD) halal? Not Halal. Based on AAOIFI screening, AMTD IDEA Group has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

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

5023.7% of 30.0% limit

What this means for you

Most scholars advise not holding AMTD

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About AMTD IDEA Group

AMTD IDEA Group functions as an investment holding company, primarily engaged in investment banking operations across various global regions, including Hong Kong, Mainland China, and the United States. The company structures its diverse business activities into three main divisions: Investment Banking, Asset Management, and Strategic Investment. Within its Investment Banking segment, AMTD IDEA Group provides a comprehensive range of services. These include facilitating equity and debt underwriting, securities brokerage, institutional sales and distribution, and research. Furthermore, it offers expert advisory services related to credit ratings, corporate financing, and mergers and acquisitions (M&A) transactions. The company's Asset Management division specializes in delivering professional investment management and advisory services, primarily catering to corporate and other institutional clients. Additionally, its Strategic Investment arm focuses on making long-term capital deployments, specifically targeting emerging financial and new economy sectors within Asia. AMTD IDEA Group was established in 2019 and maintains its headquarters in Central, Hong Kong. Previously operating as AMTD International Inc., it currently functions as a subsidiary under the umbrella of AMTD Group Company Limited.

Sector: Financial Services · Industry: Investment - Banking & Investment Services

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Business Activity Screen

Failed

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

  • Prohibited industry: Investment - Banking & Investment Services

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Financial Services

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Frequently Asked Questions

Is AMTD IDEA Group (AMTD) halal to invest in?
AMTD IDEA Group (AMTD) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did AMTD IDEA Group get a F compliance rating?
AMTD IDEA Group (AMTD) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 5023.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change AMTD IDEA Group's Shariah verdict?
AMTD IDEA Group'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 AMTD IDEA Group re-screened for Shariah compliance?
AMTD IDEA Group (AMTD) 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: Aug 26, 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.