Is Magnitude International Ltd (MAGH) Halal?
Shariah Screening — 5 Standards
Based on financial data from April 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.0% / 30% | 0.3% / 30% | 2.3% / 30% | 0.0% / 5% | ✓ HALAL |
| DJIM | 1.0% / 33% | 0.3% / 33% | 2.3% / 33% | 0.0% / 5% | ✓ HALAL |
| MSCI | 27.5% / 33% | 8.9% / 33% | 62.0% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| S&P | 1.0% / 33% | 0.3% / 33% | 2.3% / 33% | 0.0% / 5% | ✓ HALAL |
| FTSE | 27.5% / 33% | 8.9% / 33% | 62.0% / 50% | 0.0% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 15.5% | |
| Operating Margin | -1.7% | |
| Net Margin | 0.3% | |
| Return on Equity (ROE) | 3.4% | |
| Return on Assets (ROA) | 0.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$926,041 |
| Free Cash Flow | -$945,513 |
| Total Debt | $2M |
| Debt-to-Equity | 389.8 |
| Current Ratio | 1.2 |
| Total Assets | $9M |
Price & Trading
| Last Close | $6.76 |
| 50-Day MA | $6.76 |
| 200-Day MA | $4.35 |
| Avg Volume | 0 |
|
52-Week Range
$0.99
| |
About Magnitude International Ltd (MAGH)
Magnitude International Ltd provides mechanical and electrical engineering service in Singapore. The company engages in provision of electrical installation and licensing services for greenfield and brownfield electrical installation projects. It also offers electrical installation for private and public housing, commercial and mixed-use developments, and other public facilities; and installs generators, transformers, high and low tension systems, lightning protection systems, underground infrastructures, telecommunication systems, security systems, solar panel systems, capacitor banks, fire alarms and electric vehicle chargers. In addition, the company undertakes various addition and alteration works, such as rewiring and replacement/removal/shifting/upgrading/addition of sub main cables, low and high tension switchgears, distribution boards, control panels, emergency switchboards, standby emergency generators, and lightnings for residential and commercial buildings, as well as a range of other properties, including hotels, shopping malls, hospitals, government facilities, restaurants, and mass rapid transit stations. The company was founded in 2012 and is headquartered in Singapore. Magnitude International Ltd operates as a subsidiary of XJL International Ltd.
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Frequently Asked Questions
Is Magnitude International Ltd (MAGH) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Magnitude International Ltd 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 is Magnitude International Ltd's debt ratio?
Magnitude International Ltd's debt ratio is 1.0% 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 27.5%.
What are Magnitude International Ltd's key financial metrics?
Magnitude International Ltd has a market capitalization of $225M, trailing P/E ratio of inf, and revenue of $15M. The company maintains a gross margin of 15.5% and a net margin of 0.3%. Return on equity stands at 3.4%.
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.