Compliance Status
Not Halal
Screened on Oct 17, 2026 · AAOIFI Standard 21
Non-Compliant
Is Gravity Co., Ltd. (GRVY) halal? Not Halal. Based on AAOIFI screening, Gravity Co., Ltd. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates Gravity Co., Ltd. (GRVY) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 17, 2026. Source: https://halalscreener.app/en/stock/GRVY
Business activity
Its main business is permissible, with some incidental non-compliant revenue.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
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.
Screened according to AAOIFI Standard 21
What this means for you
Most scholars advise not holding GRVY
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
GRVY: Is Gravity Co., Ltd. Halal?
Gravity Co., Ltd.
$66.71
Market Cap: 463.6M
Screened on a market cap of 617.8B
Get an email if GRVY's halal status changes
We re-screen Gravity Co., Ltd. daily. If the verdict moves, you hear about it the same day.
Free. One click sets it up, and you can unsubscribe any time.
About Gravity Co., Ltd.
Gravity Co., Ltd. is a South Korea-based entity specializing in the development and publication of digital entertainment, with a primary focus on online and mobile games. The company's reach extends to markets in Taiwan, Thailand, and Japan. Its comprehensive gaming catalog features a range of massively multiplayer online role-playing games (MMORPGs), prominently including the Ragnarok series (Ragnarok Online, Ragnarok Online II, Ragnarok Prequel II) and Dragonica. Gravity's mobile division offers an equally diverse collection of titles, such as Ragnarok M: Eternal Love, Ragnarok Origin, Ragnarok X: Next Generation, Tera Classic, NBA: Rise To Stardom, and Paladog Tactics. The company also caters to console gamers with releases like Ragnarok DS for Nintendo DS, Ragnarok Odyssey across PlayStation Vita and PS3, Double Dragon II for Xbox 360, and GRANDIA HD Collection for Nintendo Switch. Additionally, it develops games for IPTV platforms, exemplified by Pororo: The Little Penguin. Beyond its core game development and publishing activities, Gravity diversifies its business by marketing a variety of character-themed merchandise, including dolls, stationery, and food products, alongside game manuals and monthly magazines. The company also extends its expertise to third parties, offering system development, maintenance, and integration services. Established in 2000 and headquartered in Seoul, South Korea, Gravity Co., Ltd. held ownership of 156 registered domain names as of December 31, 2021, and operates as a subsidiary of GungHo Online Entertainment, Inc.
Sector: Technology · Industry: Electronic Gaming & Multimedia
Why this does not pass
- Interest-bearing deposits are over the 30% limit.
Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.
Shariah Compliance Status
See which ratio caused the failure.
See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why GRVY is rated Not Halal with institutional-grade analysis
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.
- •Estimated 3.0% of revenue from non-compliant sources. This is an average for Electronic Gaming & Multimedia, not a figure the company reports.
Use the Purification Calculator to compute exactly how much of your dividend income to donate.
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.
Screened according to AAOIFI Standard 21
Compliance History
Not Halalnow
since Aug 2026
Under Review
until the change above
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
Halal Alternatives in Technology
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Technology Stocks
Know the day GRVY's verdict changes
A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.
Frequently Asked Questions
Is Gravity Co., Ltd. (GRVY) halal to invest in?
Why did Gravity Co., Ltd. get a F compliance rating?
What could change Gravity Co., Ltd.'s Shariah verdict?
How often is Gravity Co., Ltd. re-screened for Shariah compliance?
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.