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

Tencent Music Entertainment Group's (TME) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Tencent Music Entertainment Group pass AAOIFI screening?

Tencent Music Entertainment Group (TME) 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% (TME: 28.1%), (3) interest-bearing deposits below 30% (TME: 179.0%), and (4) prohibited income below 5% (TME: 3.2%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

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

Tencent Music Entertainment Group (TME) has a non-permissible income ratio of 3.20%. Muslim investors should purify this percentage of any dividends received and capital gains realized from TME 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 Tencent Music Entertainment Group for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Tencent Music Entertainment Group (TME) 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 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

$8.85

+0.34%

Market Cap: 13.6B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Tencent Music Entertainment Group (TME) halal? Not Halal. Based on AAOIFI screening, Tencent Music Entertainment Group 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

Close to the limit

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

28.1% of 30.0% limit

What this means for you

Most scholars advise not holding TME

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

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

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 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 Communication Services

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

WSHPA+

WeShop Holdings Limited Class A Ordinary Shares

$5.39

-5.11%

RDDTA+

Reddit, Inc.

$203.27

+1.16%

GSATA+

Globalstar, Inc.

$82.64

+0.18%

METAA+

Meta Platforms, Inc.

$646.01

+1.70%

CHTA+

Chunghwa Telecom Co., Ltd.

$41.44

-0.10%

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Frequently Asked Questions

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

Tencent Music Entertainment Group (TME) 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 Tencent Music Entertainment Group get a F compliance rating?

Tencent Music Entertainment Group (TME) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 28.1% (limit 30%); interest-bearing deposits of 179.0% (limit 30%); prohibited income of 3.20% (limit 5%). 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: Jul 17, 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.