What is QMMM Holdings Limited Ordinary Shares's Shariah compliance score?

QMMM Holdings Limited Ordinary Shares (QMMM) has a Shariah compliance score of 85/100 (Grade: A, Very Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does QMMM Holdings Limited Ordinary Shares pass AAOIFI screening?

QMMM Holdings Limited Ordinary Shares (QMMM) passes 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% (QMMM: 0.0%), (3) interest-bearing deposits below 30% (QMMM: 0.0%), and (4) prohibited income below 5% (QMMM: 0.1%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for QMMM Holdings Limited Ordinary Shares stock?

QMMM Holdings Limited Ordinary Shares (QMMM) has a non-permissible income ratio of 0.07%. Muslim investors should purify this percentage of any dividends received and capital gains realized from QMMM 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 QMMM Holdings Limited Ordinary Shares for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for QMMM Holdings Limited Ordinary Shares (QMMM) 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 QMMM's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

QMMM: Is QMMM Holdings Limited Ordinary Shares Halal?

QMMM Holdings Limited Ordinary Shares

NASDAQCommunication ServicesHK

$119.40

+0.00%

Market Cap: 5.8B

Compliance Status

Halal

Screened on Jul 15, 2026 · AAOIFI Standard 21

Very Good

85Score

Is QMMM Holdings Limited Ordinary Shares (QMMM) halal? Halal. Based on AAOIFI screening, QMMM Holdings Limited Ordinary Shares passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 85/100 (Grade: A).

AvoidBorderlineClean

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%.

0.0% of 30.0% limit

What this means for you

You can own QMMM

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 3.1% of your income from QMMM

That is about $3.10 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About QMMM Holdings Limited Ordinary Shares

QMMM Holdings Limited, a company established in Hong Kong in 2022, specializes in delivering digital media advertising and marketing production services, with a strong focus on the local market. The firm's core offerings encompass creative content generation and production for a wide array of advertising campaigns, including television commercials and online video. Their expertise extends to advanced visual technologies, such as 360-degree video and animation, alongside comprehensive extended reality (XR) solutions that integrate virtual (VR), augmented (AR), and mixed reality (MR) applications. Additionally, they provide services in 3D scanning, motion capture, projection mapping, and the creation of digital façades. Beyond these foundational services, QMMM Holdings also offers specialized technological solutions. This includes their "Quantum Human" brand, which focuses on virtual avatar and digital apparel technology, and "Quantum Fit," a system for real-time automated fitting of virtual fashion and clothing. These cutting-edge services are utilized by a diverse clientele across various sectors, such as theme parks, entertainment, real estate, banking, travel, retail, and technology platforms, as well as by high-end fashion shows and luxury event organizers. QMMM Holdings Limited is headquartered in Hong Kong and operates as a subsidiary of Fortune Wings Ventures Limited.

Sector: Communication Services · Industry: Advertising Agencies

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 15, 2026

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.

•Advertising Agencies: estimated 3.0% peripheral exposure (AAOIFI industry average)

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

Compliance History

Halalnow
since Jul 2026
Under Review
until the change above
Halal
until the change above

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

Fiscal: FY 2024Data source: FMP

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Frequently Asked Questions

Is QMMM Holdings Limited Ordinary Shares (QMMM) halal to invest in?

Based on AAOIFI Standard 21 screening, QMMM Holdings Limited Ordinary Shares (QMMM) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did QMMM Holdings Limited Ordinary Shares get a A compliance rating?

QMMM Holdings Limited Ordinary Shares (QMMM) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 0.0% (limit 30%); prohibited income of 0.07% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change QMMM Holdings Limited Ordinary Shares's Shariah verdict?

QMMM Holdings Limited Ordinary Shares'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 QMMM Holdings Limited Ordinary Shares re-screened for Shariah compliance?

QMMM Holdings Limited Ordinary Shares (QMMM) 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 15, 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.