What is Tencent Music Entertainment Group's Shariah compliance score?

Tencent Music Entertainment Group (TME) has a Shariah compliance score of 57/100 (Grade: C+, Fair) 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 Tencent Music Entertainment Group pass AAOIFI screening?

Tencent Music Entertainment Group (TME) partially passes with caution 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% (TME: 4.4%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Tencent Music Entertainment Group stock?

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 exact percentage and amount for Tencent Music Entertainment Group (TME) using the latest financial data.

Where can I screen Tencent Music Entertainment Group for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Tencent Music Entertainment Group (TME) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about TME's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

TME: Is Tencent Music Entertainment Group Halal?

Tencent Music Entertainment Group

NYSECommunication ServicesCN

$8.86

+1.14%

Market Cap: 13.6B

Compliance Status

Doubtful

Screened on Sep 2, 2026 · AAOIFI Standard 21

C+

Fair

57Score

Is Tencent Music Entertainment Group (TME) halal? Doubtful. Based on AAOIFI screening, Tencent Music Entertainment Group passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 57/100 (Grade: C+).

Quote this verdict

HalalScreener rates Tencent Music Entertainment Group (TME) Doubtful, 57/100, grade C+ under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/TME

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%.

4.4% of 30.0% limit

What this means for you

You may own TME, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

We have screened TME's prohibited income, but the exact share you would need to purify is part of Pro.

About Tencent Music Entertainment Group

Tencent Music Entertainment Group (TME) is a premier operator of online music entertainment platforms across the People's Republic of China, offering a range of services including music streaming, digital karaoke, and live interactive broadcasting. Its offerings encompass popular streaming platforms like QQ Music, Kugou Music, and Kuwo Music, which facilitate personalized music discovery and listening for users. The company also developed WeSing, an engaging application that allows users to sing, socialize with friends, share their performances, and explore songs sung by others. Furthermore, TME runs interactive live broadcasting platforms, notably Kugou Live and Kuwo Live, providing an online venue for performers to exhibit their talents and interact with their audience. Kuwo Changting acts as a specialized audio content platform, featuring diverse spoken word entertainment such as audiobooks, traditional cross-talk, and radio dramas. Beyond its digital services, TME sells music-related hardware, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi audio systems. It also handles online ticketing for music events and partners with manufacturers of smart devices and automobiles to embed and manage music services within their products and vehicles. Tencent Music Entertainment Group maintains a strategic partnership with China Literature. Headquartered in Shenzhen, China, the company functions as a subsidiary of Tencent Holdings Limited.

Sector: Communication Services · Industry: Internet Content & Information

Why This Stock Is Doubtful

Interest-bearing deposits are 28.1% of market cap, only 1.9 points below the 30% limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 2, 2026

Compliance History

Doubtfulnow
since Aug 2026
Under Review
until the change above
Not Halal
until the change above

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

Fiscal: FY 2025Data source: FMP

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Frequently Asked Questions

Is Tencent Music Entertainment Group (TME) halal to invest in?

Tencent Music Entertainment Group (TME) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.

Why did Tencent Music Entertainment Group get a C+ compliance rating?

Tencent Music Entertainment Group (TME) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 4.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Tencent Music Entertainment Group's Shariah verdict?

Tencent Music Entertainment Group'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 Tencent Music Entertainment Group re-screened for Shariah compliance?

Tencent Music Entertainment Group (TME) 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: Sep 2, 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.