Is MaxsMaking Inc. (MAMK) Halal?

NASDAQ Industrials China $219M
✓ HALAL
Confidence: 95/100
MaxsMaking Inc. (MAMK) is Halal under 4 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 2.2% against the AAOIFI threshold of 30%, MaxsMaking Inc. comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Conglomerates), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from October 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 2.2%
/ 30%
0.1%
/ 30%
2.9%
/ 30%
0.0%
/ 5%
✓ HALAL
DJIM 2.2%
/ 33%
0.1%
/ 33%
2.9%
/ 33%
0.0%
/ 5%
✓ HALAL
MSCI 27.7%
/ 33%
1.0%
/ 33%
36.2%
/ 33%
0.0%
/ 5%
✗ NOT HALAL
S&P 2.2%
/ 33%
0.1%
/ 33%
2.9%
/ 33%
0.0%
/ 5%
✓ HALAL
FTSE 27.7%
/ 33%
1.0%
/ 33%
36.2%
/ 50%
0.0%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
219.3
EPS
$0.06
P/B Ratio
17.8
EV/EBITDA
1644.8
EV: $221M
Revenue
$29M
Growth: 43.7%
Current Ratio
3.1

Profitability

Gross Margin 9.0%
Operating Margin -0.4%
Net Margin 0.0%
Return on Equity (ROE) 0.2%
Return on Assets (ROA) 0.3%

Cash Flow & Balance Sheet

Operating Cash Flow-$5M
Free Cash Flow-$5M
Total Debt$4M
Debt-to-Equity34.3
Current Ratio3.1
Total Assets$22M

Price & Trading

Last Close$13.16
50-Day MA$13.00
200-Day MA$8.13
Avg Volume0
52-Week Range
$1.86
$14.30

About MaxsMaking Inc. (MAMK)

CEO
Mr. Xiaozhong Lin
Employees
49
Sector
Industrials
Industry
Conglomerates
Country
China
Exchange
NASDAQ
Market Cap
$219M
Currency
USD

MaxsMaking Inc., through its subsidiaries, manufactures and sells customized consumer goods in Mainland China, rest of Asia, North America, Europe, the Oceania, South America, and Africa. The company offers backpacks, thermal bags, canvas bags, aprons, throw pillows, flags, tablecloths, advertising chair covers, and other consumer goods. It is also involved in software development, digital production, product design and brand management activities, as well as online sales and international trade. It sells its products through e-commerce platform, social media, and other online channels. The company serves small and medium-sized enterprises, schools, government agencies, non-profit organizations, e-commerce sellers, and various groups and organizations for small-batch customized products. MaxsMaking Inc. was founded in 2007 and is headquartered in Shanghai, China. MaxsMaking Inc. operates as a subsidiary of ThriveNova Inc.

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Frequently Asked Questions

Is MaxsMaking Inc. (MAMK) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), MaxsMaking Inc. 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 MaxsMaking Inc.'s debt ratio?

MaxsMaking Inc.'s debt ratio is 2.2% 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 27.7%.

What are MaxsMaking Inc.'s key financial metrics?

MaxsMaking Inc. has a market capitalization of $219M, trailing P/E ratio of 219.3, and revenue of $29M. The company maintains a gross margin of 9.0% and a net margin of 0.0%. Return on equity stands at 0.2%.

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.