Enigmatig Limited

EGG: Is Enigmatig Limited Halal?

Enigmatig Limited

AMEXIndustrialsSG

$3.08

-6.10%

Market Cap: 86.2M

Compliance Status

Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

B

Acceptable

69Score

Is Enigmatig Limited (EGG) halal? Halal. Based on AAOIFI screening, Enigmatig Limited passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 69/100 (Grade: B).

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

1.0% of 30.0% limit

What this means for you

You can own EGG

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

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

About Enigmatig Limited

Enigmatig Limited, along with its associated companies, delivers expert advisory solutions tailored for financial institutions across key Asian markets, including Singapore, Hong Kong, and mainland China. The firm specializes in several core areas: Regulatory Licensing: Offering strategic guidance on establishing robust business plans, developing comprehensive operational, risk management, and compliance manuals, and assisting clients with market entry, client acquisition, and negotiation support. Corporate Governance & Administrative Support: Providing essential services such as the submission of regulatory filings, meticulous maintenance of corporate registers, preparation of articles of incorporation, coordination with financial institutions for new bank account openings, and compiling necessary regulatory documentation for new entity formation. Additionally, Enigmatig offers a range of supplementary services including management consultancy, client relationship management (CRM) software solutions, financial technology (fintech) advisory, and the formation and administration of international business companies (IBCs). Established in 2010 and based in Singapore, the company previously operated as Desfran Holdings Limited before adopting its current name, Enigmatig Limited, in April 2024.

Sector: Industrials · Industry: Consulting Services

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

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
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Frequently Asked Questions

Is Enigmatig Limited (EGG) halal to invest in?
Based on AAOIFI Standard 21 screening, Enigmatig Limited (EGG) is rated Halal with a compliance grade of B (Acceptable). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Enigmatig Limited get a B compliance rating?
Enigmatig Limited (EGG) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Enigmatig Limited's Shariah verdict?
Enigmatig Limited'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 Enigmatig Limited re-screened for Shariah compliance?
Enigmatig Limited (EGG) 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.