
ANGH: Is Anghami Inc. Halal?
Anghami Inc.
$3.34
-3.19%
Market Cap: 30.3M
Compliance Status
Not Halal
Screened on Aug 26, 2026 · AAOIFI Standard 21
Non-Compliant
Is Anghami Inc. (ANGH) halal? Not Halal. Based on AAOIFI screening, Anghami Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
Most scholars advise not holding ANGH
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
About Anghami Inc.
Anghami Inc. runs a digital music entertainment platform, primarily serving audiences across the Middle East and North Africa. Its service provides users with access to both Arabic and international music, available for streaming and download through its dedicated application and online system. The company was established in 2012 and maintains its primary base of operations in Abu Dhabi, United Arab Emirates.
Sector: Communication Services · Industry: Entertainment
Shariah Compliance Status
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.
- •Entertainment: estimated 3.0% peripheral exposure (AAOIFI industry average)
Use the Purification Calculator to compute exactly how much of your dividend income to donate.
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.
Halal Alternatives in Communication Services
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Communication Services Stocks
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Frequently Asked Questions
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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.



