Compliance Status

Halal

Screened on Oct 19, 2026 · AAOIFI Standard 21

A

Very Good

84Score

Is MercadoLibre, Inc. (MELI) halal? Halal. Based on AAOIFI screening, MercadoLibre, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 84/100 (Grade: A).

Quote this verdict

HalalScreener rates MercadoLibre, Inc. (MELI) Halal, 84/100, grade A under AAOIFI Standard 21, screened Oct 19, 2026. Source: https://halalscreener.app/en/stock/MELI

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%.

11.4% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

You can own MELI

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

Purification amount is Pro

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

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MercadoLibre, Inc.

MELI: Is MercadoLibre, Inc. Halal?

MercadoLibre, Inc.

NASDAQConsumer CyclicalUY

$1,834.00

-1.24%

Market Cap: 93.0B

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About MercadoLibre, Inc.

MercadoLibre, Inc. operates as a prominent provider of digital commerce platforms throughout Latin America. Its primary service, the Mercado Libre Marketplace, is an automated online system allowing businesses, independent vendors, and private individuals to list merchandise and finalize sales. Supporting this, the Mercado Pago FinTech platform offers a financial technology solution, facilitating transactions both on and off its e-commerce sites by enabling users to securely send and receive online payments and transfer funds via web and mobile applications. The company further expands its financial offerings through Mercado Fondo, a service that permits users to invest balances held in their Mercado Pago accounts, and Mercado Credito, which extends credit options to qualified merchants and consumers. For logistics, Mercado Envios provides a comprehensive solution, empowering sellers on its platform to utilize third-party delivery services and other logistical partners, including warehousing and fulfillment capabilities. Beyond these core services, MercadoLibre also runs Mercado Libre Classifieds, an online classifieds platform for motor vehicles, real estate, and professional services. Mercado Libre Ads serves as an advertising platform, assisting major retailers and brands in promoting their products and services across the internet. Lastly, Mercado Shops offers a solution for users to establish, manage, and market their personalized online storefronts. Founded in 1999, MercadoLibre, Inc. is headquartered in Montevideo, Uruguay.

Sector: Consumer Cyclical · Industry: Specialty Retail

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 19, 2026

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Screened according to AAOIFI Standard 21

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is MercadoLibre, Inc. (MELI) halal to invest in?
Based on AAOIFI Standard 21 screening, MercadoLibre, Inc. (MELI) is rated Halal with a compliance grade of A (Very Good). 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 MercadoLibre, Inc. get a A compliance rating?
MercadoLibre, Inc. (MELI) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 11.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change MercadoLibre, Inc.'s Shariah verdict?
MercadoLibre, Inc.'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 MercadoLibre, Inc. re-screened for Shariah compliance?
MercadoLibre, Inc. (MELI) 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: Oct 19, 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.