What is Magnite, Inc.'s Shariah compliance score?

Magnite, Inc. (MGNI) has a Shariah compliance score of 65/100 (Grade: B, Acceptable) 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 Magnite, Inc. pass AAOIFI screening?

Magnite, Inc. (MGNI) passes 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% (MGNI: 10.3%), (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 Magnite, 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 Magnite, Inc. (MGNI) using the latest financial data.

Where can I screen Magnite, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Magnite, Inc. (MGNI) 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 MGNI's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MGNI: Is Magnite, Inc. Halal?

Magnite, Inc.

NASDAQCommunication ServicesUS

$17.92

-2.08%

Market Cap: 2.6B

Compliance Status

Halal

Screened on Aug 31, 2026 · AAOIFI Standard 21

Acceptable

65Score

Is Magnite, Inc. (MGNI) halal? Halal. Based on AAOIFI screening, Magnite, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 65/100 (Grade: B).

Quote this verdict

HalalScreener rates Magnite, Inc. (MGNI) Halal, 65/100, grade B under AAOIFI Standard 21, screened Aug 31, 2026. Source: https://halalscreener.app/en/stock/MGNI

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%.

10.3% of 30.0% limit

What this means for you

You can own MGNI

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

Purification amount is Pro

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

About Magnite, Inc.

Magnite, Inc. manages an independent, global platform dedicated to the digital advertising marketplace. This sophisticated system furnishes publishers—entities controlling digital content such as connected TV channels, mobile applications, and websites—with the necessary applications and utilities to oversee and monetize their ad inventory. Concurrently, it delivers services and tools for advertising buyers, including advertisers, agencies, agency trading desks, and demand-side platforms, enabling them to procure digital ad space. The company employs sales teams operating from various international locations to market its advanced technological solutions to both buying and selling parties. Formed in 2007, the enterprise was formerly known as The Rubicon Project, Inc. before rebranding as Magnite, Inc. in July 2020. Its corporate headquarters are located in New York, New York.

Sector: Communication Services · Industry: Advertising Agencies

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 31, 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.

•Advertising Agencies: 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

Halalnow
since Jun 2026
Doubtful
until the change above
Not Halal
until the change above

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

Fiscal: Q2 2026Data source: EDGAR

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Frequently Asked Questions

Is Magnite, Inc. (MGNI) halal to invest in?

Based on AAOIFI Standard 21 screening, Magnite, Inc. (MGNI) is rated Halal with a compliance grade of B (Acceptable). 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 Magnite, Inc. get a B compliance rating?

Magnite, Inc. (MGNI) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 10.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Magnite, Inc.'s Shariah verdict?

Magnite, 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 Magnite, Inc. re-screened for Shariah compliance?

Magnite, Inc. (MGNI) 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 31, 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.