What is Mega Fortune Company Limited's Shariah compliance score?

Mega Fortune Company Limited (MGRT) has a Shariah compliance score of 100/100 (Grade: A+, Excellent) 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 Mega Fortune Company Limited pass AAOIFI screening?

Mega Fortune Company Limited (MGRT) 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% (MGRT: 0.1%), (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 Mega Fortune Company Limited 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 Mega Fortune Company Limited (MGRT) using the latest financial data.

Where can I screen Mega Fortune Company Limited for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Mega Fortune Company Limited (MGRT) 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 MGRT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MGRT: Is Mega Fortune Company Limited Halal?

Mega Fortune Company Limited

NASDAQTechnologyHK

$92.95

-1.50%

Market Cap: 1.3B

Compliance Status

Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

A+

Excellent

100Score

Is Mega Fortune Company Limited (MGRT) halal? Halal. Based on AAOIFI screening, Mega Fortune Company Limited passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 100/100 (Grade: A+).

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%.

0.1% of 30.0% limit

What this means for you

You can own MGRT

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

Purification amount is Pro

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

About Mega Fortune Company Limited

Hong Kong-based Mega Fortune Company Limited is a specialist provider of Internet of Things (IoT) solutions. Operating through its subsidiary, QBS System, the company offers an extensive range of services, encompassing IoT integration, ongoing maintenance and support, business process outsourcing, and trading solutions. Its primary aim is to assist businesses throughout the Asia-Pacific region in achieving digital transformation, launching new IoT projects, and modernizing outdated systems with cutting-edge IoT technologies.

Sector: Technology · Industry: Information Technology Services

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

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Frequently Asked Questions

Is Mega Fortune Company Limited (MGRT) halal to invest in?

Based on AAOIFI Standard 21 screening, Mega Fortune Company Limited (MGRT) is rated Halal with a compliance grade of A+ (Excellent). 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 Mega Fortune Company Limited get a A+ compliance rating?

Mega Fortune Company Limited (MGRT) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Mega Fortune Company Limited's Shariah verdict?

Mega Fortune Company Limited'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 Mega Fortune Company Limited re-screened for Shariah compliance?

Mega Fortune Company Limited (MGRT) 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.