MLGONot HalalF
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Compliance Status

Not Halal

Screened on Oct 9, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is MicroAlgo Inc. (MLGO) halal? Not Halal. Based on AAOIFI screening, MicroAlgo Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

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HalalScreener rates MicroAlgo Inc. (MLGO) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 9, 2026. Source: https://halalscreener.app/en/stock/MLGO

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%.

13.9% of 30.0% limit
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The verdict above is final and free.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding MLGO

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

MicroAlgo Inc.

MLGO: Is MicroAlgo Inc. Halal?

MicroAlgo Inc.

NASDAQTechnologyCN

$2.99

Market Cap: 32.7M

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About MicroAlgo Inc.

MicroAlgo Inc. specializes in crafting and delivering sophisticated central processing algorithm solutions for clients in various sectors, including online advertising, gaming, and smart chip manufacturing, across the People's Republic of China and globally. The company conducts its operations through two main divisions: Central Processing Algorithm Services, and Intelligent Chips and Services. Its service portfolio includes algorithm refinement, enhancing computing power without requiring physical hardware upgrades, comprehensive data manipulation, and providing valuable data intelligence. Moreover, MicroAlgo is involved in the resale of intelligent chips and related components, alongside offering software development expertise. MicroAlgo Inc., headquartered in Shenzhen, People's Republic of China, functions as a subsidiary of WiMi Hologram Cloud Inc.

Sector: Technology · Industry: Software - Infrastructure

Why this does not pass

  • Interest-bearing deposits are over the 30% limit.

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

AAOIFI Standard 21Updated Oct 9, 2026

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The verdict above is final and free.

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Screened according to AAOIFI Standard 21

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: FMP

Halal Alternatives in Technology

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

Is MicroAlgo Inc. (MLGO) halal to invest in?
MicroAlgo Inc. (MLGO) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did MicroAlgo Inc. get a F compliance rating?
MicroAlgo Inc. (MLGO) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 13.9% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change MicroAlgo Inc.'s Shariah verdict?
MicroAlgo 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 MicroAlgo Inc. re-screened for Shariah compliance?
MicroAlgo Inc. (MLGO) 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 9, 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.