What is Meridian Holdings Inc.'s Shariah compliance score?

Meridian Holdings Inc. (MRDN) has a Shariah compliance score of 0/100 (Grade: F, Non-Compliant). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Meridian Holdings Inc. pass AAOIFI screening?

Meridian Holdings Inc. (MRDN) does not pass AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. MRDN's debt-to-market-cap is 14.4%.

How much purification is needed for Meridian Holdings Inc.?

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 percentage and amount for Meridian Holdings Inc. (MRDN) using the latest financial data.

Where can I screen Meridian Holdings Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Meridian Holdings Inc. (MRDN) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

MRDNNot HalalF

Unlock full report, free

Compliance Status

Not Halal

Screened on Oct 10, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Meridian Holdings Inc. (MRDN) halal? Not Halal. Based on AAOIFI screening, Meridian Holdings Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Meridian Holdings Inc. (MRDN) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 10, 2026. Source: https://halalscreener.app/en/stock/MRDN

AvoidBorderlineClean

Business activity

Involved in prohibited business activities.

Failed

Company debt

Well clear of the limit

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

14.4% of 30.0% limit

PRO DETAIL

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.

Card needed, nothing charged today

Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding MRDN

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

MRDN: Is Meridian Holdings Inc. Halal?

Meridian Holdings Inc.

NASDAQConsumer CyclicalUS

$11.09

Market Cap: 140.2M

Get an email if MRDN's halal status changes

We re-screen Meridian Holdings Inc. daily. If the verdict moves, you hear about it the same day.

Free. One click sets it up, and you can unsubscribe any time.

About Meridian Holdings Inc.

Meridian Holdings Inc. specializes in providing a diverse array of offerings within the casino, sportsbook, and competitive gaming industries. The company operates under several key brands, including R Kings Competitions, MexPlay, and GM-AG. Its operational structure is divided into two distinct divisions: Business-to-Business (B2B) and Business-to-Consumer (B2C). Through its B2B segment, Meridian generates income from software licensing fees and collects royalties derived from the utilization of third-party gaming content. Meanwhile, the B2C division primarily earns revenue by charging participants for entry into various prize competitions across the United Kingdom. This enterprise was established on June 4, 2008, by co-founders Weiting Feng and Anthony Brian Goodman, and its corporate headquarters are located in Las Vegas, Nevada.

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

AAOIFI Standard 21Updated Oct 10, 2026

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.

Free for 7 days. Cancel anytime.

Card needed, nothing charged today

AI Compliance Insight

PRO

Institutional-grade Shariah analysis

Card needed, nothing charged today

See why MRDN is rated Not Halal with institutional-grade analysis

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Prohibited industry: Gambling, Resorts & Casinos

PRO DETAIL

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.

Card needed, nothing charged today

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: EDGAR

Halal Alternatives in Consumer Cyclical

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

0380.KLA+

Aquawalk Group Berhad

$0.13

+0.00%

0393.KLA+

Teamstar Berhad

$0.23

-0.02%

3573.KLA+

Lien Hoe Corporation Berhad

$0.10

+0.00%

3891.KLA+

Malayan United Industries Berhad

$0.05

+0.13%

5336.KLA+

CUCKOO International (MAL) Berhad

$0.37

+0.00%

More Consumer Cyclical Stocks

AMZN

Amazon.com, Inc.

TSLA

Tesla, Inc.

The Home Depot, Inc.

MCD

McDonald's Corporation

BKNG

Booking Holdings Inc.

LOW

Lowe's Companies, Inc.

Free · No credit card required

Know the day MRDN's verdict changes

A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.

Get Started Free Browse Screener

8,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Meridian Holdings Inc. (MRDN) halal to invest in?

Meridian Holdings Inc. (MRDN) 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 Meridian Holdings Inc. get a F compliance rating?

Meridian Holdings Inc. (MRDN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 14.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Meridian Holdings Inc.'s Shariah verdict?

Meridian Holdings 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 Meridian Holdings Inc. re-screened for Shariah compliance?

Meridian Holdings Inc. (MRDN) 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 10, 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.