MGRT: Is Mega Fortune Company Limited Halal?
Mega Fortune Company Limited
$92.95
-1.50%
Market Cap: 1.3B
Compliance Status
Halal
Screened on Sep 10, 2026 · AAOIFI Standard 21
Excellent
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+).
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HalalScreener rates Mega Fortune Company Limited (MGRT) Halal, 100/100, grade A+ under AAOIFI Standard 21, screened Sep 10, 2026. Source: https://halalscreener.app/en/stock/MGRT
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
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.
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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throughout the Asia-Pacific region in achieving digital transformation, launching new IoT projects, and modernizing outdated systems with cutting-edge IoT technologies.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
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The verdict above is final and free. Pro members can verify every ratio behind it: interest-bearing deposits, prohibited income breakdown, and the full math.
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The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
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.
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Frequently Asked Questions
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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.