Compliance Status
Not Halal
Screened on Oct 13, 2026 · AAOIFI Standard 21
Non-Compliant
Is Melco Resorts & Entertainment Limited (MLCO) halal? Not Halal. Based on AAOIFI screening, Melco Resorts & Entertainment Limited has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates Melco Resorts & Entertainment Limited (MLCO) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 13, 2026. Source: https://halalscreener.app/en/stock/MLCO
Business activity
Involved in prohibited business activities.
Company debt
How 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
Most scholars advise not holding MLCO
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
MLCO: Is Melco Resorts & Entertainment Limited Halal?
Melco Resorts & Entertainment Limited
$4.15
Market Cap: 1.6B
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About Melco Resorts & Entertainment Limited
Melco Resorts & Entertainment Limited is a company focused on the development, ownership, and operation of casino gaming and luxury resort complexes throughout Asia and Europe. In Macau, its portfolio includes several major properties: City of Dreams: An expansive integrated casino resort, it features approximately 511 gaming tables, 572 gaming machines, and around 770 accommodations (including rooms, suites, and villas). This complex also offers roughly 25 dining and beverage venues, 165 retail outlets, wellness and fitness centers, three swimming pools, spas and salons, and comprehensive banquet and meeting spaces. Altira Macau: This casino hotel boasts about 101 gaming tables, 121 gaming machines, and 230 hotel rooms. Guests can enjoy various casual and fine dining establishments, along with recreational and leisure facilities such as a spa, gymnasium, an outdoor garden podium, and a sky terrace lounge. Studio City: Situated in Cotai, Macau, this cinematically themed integrated resort combines gaming facilities (290 tables, 645 machines) with a hotel, entertainment options, retail shopping, and food and beverage services. The company also manages seven Mocha Clubs, housing 813 gaming machines collectively, and the Grand Dragon casino on Taipa Island, Macau. Beyond Macau, Melco operates City of Dreams Manila, an integrated resort located within the Entertainment City complex in the Philippines' capital. Its European operations encompass a casino in Limassol, Cyprus, alongside three satellite casinos situated in Nicosia, Ayia Napa, and Paphos. Established in 2004 and based in Central, Hong Kong, the company was formerly known as Melco Crown Entertainment Limited before adopting its current name in April 2017. Melco Resorts & Entertainment Limited functions as a subsidiary of Melco Leisure and Entertainment Group Limited.
Sector: Consumer Cyclical · Industry: Gambling, Resorts & Casinos
Why this does not pass
- Business activity: the company earns from an activity AAOIFI treats as prohibited.
Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.
Shariah Compliance Status
See which ratio caused the failure.
See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why MLCO is rated Not Halal with institutional-grade analysis
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Prohibited industry: Gambling, Resorts & Casinos
Compliance History
Not Halal, unchanged since May 2026.
No status changes recorded since we began tracking.
Tracked since May 2026. Updates automatically on each re-screen.
Halal Alternatives in Consumer Cyclical
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
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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.