Is Goodman Group (GMG) Halal?
Shariah Screening — 5 Standards
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 9.3% / 30% | 7.0% / 30% | 0.9% / 30% | 4.18% / 5% | ✓ HALAL |
| DJIM | 9.3% / 33% | 7.0% / 33% | 0.9% / 33% | 4.18% / 5% | ✓ HALAL |
| MSCI | 16.7% / 33% | 12.5% / 33% | 1.6% / 33% | 4.18% / 5% | ✓ HALAL |
| S&P | 9.3% / 33% | 7.0% / 33% | 0.9% / 33% | 4.18% / 5% | ✓ HALAL |
| FTSE | 16.7% / 33% | 12.5% / 33% | 1.6% / 50% | 4.18% / 5% | ✓ HALAL |
Company Overview
Purification Calculator
As a halal stock with 4.18% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Goodman Group (GMG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Goodman Group is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What Shariah screening methodology do you use?
We apply all 5 major Shariah screening standards: AAOIFI Standard 21, Dow Jones Islamic Market Index (DJIM), MSCI Islamic, S&P Shariah, and FTSE Shariah. Each standard has different thresholds for debt, cash, receivables, and impermissible income ratios.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed daily, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.