MSSNot HalalF
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Compliance Status

Not Halal

Screened on Oct 5, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Maison Solutions Inc. Class A Common Stock (MSS) halal? Not Halal. Based on AAOIFI screening, Maison Solutions Inc. Class A Common Stock 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 Maison Solutions Inc. Class A Common Stock (MSS) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 5, 2026. Source: https://halalscreener.app/en/stock/MSS

Business activity

Its main business is permissible, with some incidental non-compliant revenue.

Passed

Company debt

Over the limit

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

204.3% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding MSS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Maison Solutions Inc. Class A Common Stock

MSS: Is Maison Solutions Inc. Class A Common Stock Halal?

Maison Solutions Inc. Class A Common Stock

NASDAQConsumer DefensiveUS

$1.62

Market Cap: 1.3M

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About Maison Solutions Inc. Class A Common Stock

Maison Solutions Inc., along with its affiliated entities, functions as a niche grocery retailer across California. The company offers a wide array of products, including fresh perishables like meats, seafood, fruits, and vegetables. Its inventory also features non-perishable goods such as kitchenware, canned foods, specialized Chinese and Asian spices and seasonings, and snack items. Additionally, its establishments provide alcoholic beverages, tobacco, lottery services, newspapers, reusable shopping bags, various household essentials, health and beauty products, general merchandise, pharmaceutical items, and fuel. Customers can acquire these items both in its physical stores and through its digital platform. Established in 2019, the firm was formerly known as Maison International, Inc. until it rebranded to Maison Solutions Inc. in September 2021, and its primary operations are based in Monterey Park, California.

Sector: Consumer Defensive · Industry: Grocery Stores

Why this does not pass

  • Interest-bearing debt is 204.3% of market cap, over the 30% AAOIFI limit.
  • 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 5, 2026

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Business Activity Screen

Passed

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

Peripheral exposure (still halal, purify this share)
3.0%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

  • •Sells tobacco products among its merchandise; the share of revenue is not disclosed
  • •Sells lottery products among its merchandise; the share of revenue is not disclosed

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

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.

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Screened according to AAOIFI Standard 21

Compliance History

  1. Not Halalnow

    since Sep 2026

  2. Under Review

    until the change above

  3. Not Halal

    until the change above

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

Fiscal: Q3 2026Data source: EDGAR

Halal Alternatives in Consumer Defensive

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Frequently Asked Questions

Is Maison Solutions Inc. Class A Common Stock (MSS) halal to invest in?
Maison Solutions Inc. Class A Common Stock (MSS) 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 Maison Solutions Inc. Class A Common Stock get a F compliance rating?
Maison Solutions Inc. Class A Common Stock (MSS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 204.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Maison Solutions Inc. Class A Common Stock's Shariah verdict?
Maison Solutions Inc. Class A Common Stock'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 Maison Solutions Inc. Class A Common Stock re-screened for Shariah compliance?
Maison Solutions Inc. Class A Common Stock (MSS) 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 5, 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.