Is Metalpha Technology Holding Ltd (MATH) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| DJIM | Excluded — Capital Markets | ✗ NOT HALAL | |||
| MSCI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| S&P | Excluded — Capital Markets | ✗ NOT HALAL | |||
| FTSE | Excluded — Capital Markets | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 40.5% | |
| Operating Margin | -24.2% | |
| Net Margin | 18.9% | |
| Return on Equity (ROE) | 23.1% | |
| Return on Assets (ROA) | 1.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $71,990 |
| Free Cash Flow | $24,681 |
| Total Debt | $212,689 |
| Debt-to-Equity | 0.3 |
| Current Ratio | 1.1 |
| Total Assets | $247M |
Price & Trading
| Last Close | $1.21 |
| 50-Day MA | $1.44 |
| 200-Day MA | $2.67 |
| Avg Volume | 58K |
| Beta | -0.7 |
|
52-Week Range
$1.00
| |
About Metalpha Technology Holding Ltd (MATH)
Metalpha Technology Holding Limited, together with its subsidiaries, provides wealth management services in Hong Kong. It offers digital asset-based wealth management services; executes cryptocurrency-related transactions, including the issuance of derivative products to over-the-counter clients; proprietary trading services; crypto derivative market making services for clients, as well as facilitates the trading of crypto derivative products; traditional financial derivative products; and securities advisory and asset management services. The company also provides licensed services. It serves institutional investors and high-net-worth individuals. The company was formerly known as Dragon Victory International Limited and changed its name to Metalpha Technology Holding Limited in November 2022. Metalpha Technology Holding Limited was incorporated in 2015 and is headquartered in Wan Chai, Hong Kong.
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Frequently Asked Questions
Is Metalpha Technology Holding Ltd (MATH) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Metalpha Technology Holding Ltd 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 Metalpha Technology Holding Ltd's debt ratio?
Metalpha Technology Holding Ltd's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Metalpha Technology Holding Ltd's key financial metrics?
Metalpha Technology Holding Ltd has a market capitalization of $49M, trailing P/E ratio of 6.3, and revenue of $45M. The company maintains a gross margin of 40.5% and a net margin of 18.9%. Return on equity stands at 23.1%.
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.