Is Melar Acquisition Corp. I/Cayman (MACIW) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 36.3% / 30% | 0.0% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 0.0% / 33% | 36.3% / 33% | 0.0% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 0.0% / 33% | 0.5% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| S&P | 0.0% / 33% | 36.3% / 33% | 0.0% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 0.0% / 33% | 0.5% / 33% | 0.0% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Assets (ROA) | -0.5% |
Cash Flow & Balance Sheet
| Current Ratio | 0.9 |
| Total Assets | $166M |
Price & Trading
| Last Close | $0.12 |
|
52-Week Range
$0.12
| |
About Melar Acquisition Corp. I/Cayman (MACIW)
Melar Acquisition Corp. I does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Melar Acquisition Corp. was incorporated in 2024 and is based in New York, New York.
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Frequently Asked Questions
Is Melar Acquisition Corp. I/Cayman (MACIW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Melar Acquisition Corp. I/Cayman is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Melar Acquisition Corp. I/Cayman's debt ratio?
Melar Acquisition Corp. I/Cayman's debt ratio is 0.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.0%.
What are Melar Acquisition Corp. I/Cayman's key financial metrics?
Melar Acquisition Corp. I/Cayman has a market capitalization of $2M.
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 frequently, 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.