Compliance Status

Halal

Screened on Oct 7, 2026 · AAOIFI Standard 21

A

Very Good

82Score

Is The Marygold Companies, Inc. (MGLD) halal? Halal. Based on AAOIFI screening, The Marygold Companies, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 82/100 (Grade: A).

Quote this verdict

HalalScreener rates The Marygold Companies, Inc. (MGLD) Halal, 82/100, grade A under AAOIFI Standard 21, screened Oct 7, 2026. Source: https://halalscreener.app/en/stock/MGLD

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%.

0.5% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

You can own MGLD

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

Purification amount is Pro

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

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The Marygold Companies, Inc.

MGLD: Is The Marygold Companies, Inc. Halal?

The Marygold Companies, Inc.

AMEXFinancial ServicesUS

$2.02

Market Cap: 86.5M

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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

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 7, 2026

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Screened according to AAOIFI Standard 21

Compliance History

  1. Halalnow

    since Sep 2026

  2. Doubtful

    until the change above

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

Fiscal: FY 2026Data source: EDGAR
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Frequently Asked Questions

Is The Marygold Companies, Inc. (MGLD) halal to invest in?
Based on AAOIFI Standard 21 screening, The Marygold Companies, Inc. (MGLD) 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 The Marygold Companies, Inc. get a A compliance rating?
The Marygold Companies, Inc. (MGLD) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.5% (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: Oct 7, 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.