GCL Global Holdings Ltd Ordinary Shares

GCL: Is GCL Global Holdings Ltd Ordinary Shares Halal?

GCL Global Holdings Ltd Ordinary Shares

NASDAQTechnologySG

$0.74

-5.38%

Market Cap: 95.1M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is GCL Global Holdings Ltd Ordinary Shares (GCL) halal? Not Halal. Based on AAOIFI screening, GCL Global Holdings Ltd Ordinary Shares 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.

Passed

Company debt

Over the limit

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

63.1% of 30.0% limit

What this means for you

Most scholars advise not holding GCL

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About GCL Global Holdings Ltd Ordinary Shares

GCL Global Holdings Ltd, together with its affiliated companies, specializes in the comprehensive lifecycle management of interactive entertainment. This includes the conceptualization, development, publication, promotion, retail, and distribution of a wide array of video games, digital activation keys, and various forms of entertainment content. The company's market reach extends globally, with significant operations in Asia, Europe, and the United States. Its gaming portfolio offers titles compatible with PC, console, and mobile platforms. Additionally, GCL Global Holdings provides specialized influencer marketing solutions. The firm's corporate headquarters are situated in Singapore.

Sector: Technology · Industry: Electronic Gaming & Multimedia

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Business Activity Screen

Passed

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

Peripheral exposure (still halal, purify this share)
3.0%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

  • Electronic Gaming & Multimedia: 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.

Fiscal: FY 2026Data source: FMP

Halal Alternatives in Technology

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is GCL Global Holdings Ltd Ordinary Shares (GCL) halal to invest in?
GCL Global Holdings Ltd Ordinary Shares (GCL) 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 GCL Global Holdings Ltd Ordinary Shares get a F compliance rating?
GCL Global Holdings Ltd Ordinary Shares (GCL) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 63.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change GCL Global Holdings Ltd Ordinary Shares's Shariah verdict?
GCL Global Holdings Ltd Ordinary Shares'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 GCL Global Holdings Ltd Ordinary Shares re-screened for Shariah compliance?
GCL Global Holdings Ltd Ordinary Shares (GCL) 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.