What is The Marygold Companies, Inc.'s Shariah compliance score?

The Marygold Companies, Inc. (MGLD) has a Shariah compliance score of 52/100 (Grade: C+, Fair) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does The Marygold Companies, Inc. pass AAOIFI screening?

The Marygold Companies, Inc. (MGLD) partially passes with caution AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (MGLD: 5.5%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for The Marygold Companies, Inc. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for The Marygold Companies, Inc. (MGLD) using the latest financial data.

Where can I screen The Marygold Companies, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for The Marygold Companies, Inc. (MGLD) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about MGLD's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MGLD: Is The Marygold Companies, Inc. Halal?

The Marygold Companies, Inc.

AMEXFinancial ServicesUS

$1.03

+0.49%

Market Cap: 43.9M

Compliance Status

Doubtful

Screened on Aug 26, 2026 · AAOIFI Standard 21

C+

Fair

52Score

Is The Marygold Companies, Inc. (MGLD) halal? Doubtful. Based on AAOIFI screening, The Marygold Companies, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 52/100 (Grade: C+).

AvoidBorderlineClean

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%.

5.5% of 30.0% limit

What this means for you

You may own MGLD, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

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

About The Marygold Companies, Inc.

Based in San Clemente, California, The Marygold Companies Inc., established in 1996 and known as Concierge Technologies, Inc. until March 2022, is a diversified holding company. Through its subsidiaries, Marygold engages in multiple sectors across the United States, New Zealand, Australia, and Canada. The company provides investment fund management services, advising various exchange-traded funds and products organized as limited partnerships or trusts. Its food division manufactures and distributes meat pies and other baked goods to grocers, convenience stores, and independent retailers, while also producing specialty wrappers for the food industry. In the beauty sector, Marygold formulates and wholesales hair and skin care products under the 'Original Sprout' brand, supplying them to salons, resorts, grocery stores, health food stores, and e-commerce platforms. Additionally, it sells and installs commercial and residential alarm monitoring systems under the Brigadier Security Systems and Elite Security names. The company is also actively developing a FinTech software application aimed at enhancing the mobile banking experience.

Sector: Financial Services · Industry: Asset Management

Why This Stock Is Doubtful

Non-compliant income is 4.6% of revenue, only 0.4 points below the 5% limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Doubtful, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q3 2026Data source: EDGAR

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Frequently Asked Questions

Is The Marygold Companies, Inc. (MGLD) halal to invest in?

The Marygold Companies, Inc. (MGLD) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.

Why did The Marygold Companies, Inc. get a C+ compliance rating?

The Marygold Companies, Inc. (MGLD) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 5.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change The Marygold Companies, Inc.'s Shariah verdict?

The Marygold Companies, 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 The Marygold Companies, Inc. re-screened for Shariah compliance?

The Marygold Companies, Inc. (MGLD) 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.