What is MINISO Group Holding Limited's Shariah compliance score?

MINISO Group Holding Limited's (MNSO) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does MINISO Group Holding Limited pass AAOIFI screening?

MINISO Group Holding Limited (MNSO) does not pass 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% (MNSO: 317.2%), (3) interest-bearing deposits below 30% (MNSO: 197.1%), and (4) prohibited income below 5% (MNSO: 0.5%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for MINISO Group Holding Limited stock?

MINISO Group Holding Limited (MNSO) has a non-permissible income ratio of 0.49%. Muslim investors should purify this percentage of any dividends received and capital gains realized from MNSO shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen MINISO Group Holding Limited for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for MINISO Group Holding Limited (MNSO) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about MNSO's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MNSO: Is MINISO Group Holding Limited Halal?

MINISO Group Holding Limited

NYSEConsumer CyclicalCN

$13.48

-0.37%

Market Cap: 4.2B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

317.2% of 30.0% limit

What this means for you

Most scholars advise not holding MNSO

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About MINISO Group Holding Limited

MINISO Group Holding Limited, an investment holding company, engages in the retail and wholesale of lifestyle products in China, Asia, the Americas, and Europe. The company offers products in various categories, including home decor products, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care products, snacks, fragrances and perfumes, and stationeries and gifts under the MINISO and WonderLife brand names; and blind boxes, toy bricks, model figures, model kits, collectible dolls, Ichiban Kuji, sculptures, and other popular toys under the TOP TOY brand. As of June 30, 2021, it operated a network of approximately 4,749 MINISO stores, as well as online sales channels. The company was founded in 2013 and is based in Guangzhou, China.

Sector: Consumer Cyclical · Industry: Specialty Retail

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

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.

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Consumer Cyclical

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

MARA+

Marriott International, Inc.

$366.24

-0.85%

FWDIA+

Forward Industries, Inc.

$3.96

+11.86%

ROLA+

Rollins, Inc.

$44.77

-0.40%

TSCOA+

Tractor Supply Company

$30.24

+1.65%

GNTXA+

Gentex Corporation

$24.35

-2.25%

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B+

BKNG

Booking Holdings Inc.

LOW

Lowe's Companies, Inc.

Free · No credit card required

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Frequently Asked Questions

Is MINISO Group Holding Limited (MNSO) halal to invest in?

MINISO Group Holding Limited (MNSO) 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 MINISO Group Holding Limited get a F compliance rating?

MINISO Group Holding Limited (MNSO) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 317.2% (limit 30%); interest-bearing deposits of 197.1% (limit 30%); prohibited income of 0.49% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change MINISO Group Holding Limited's Shariah verdict?

MINISO Group Holding 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 MINISO Group Holding Limited re-screened for Shariah compliance?

MINISO Group Holding Limited (MNSO) 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: Jul 18, 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.