Is mF International Ltd (MFI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.2% / 30% | 3.2% / 30% | 0.2% / 30% | 0.61% / 5% | ✓ HALAL |
| DJIM | 1.2% / 33% | 3.2% / 33% | 0.2% / 33% | 0.61% / 5% | ✓ HALAL |
| MSCI | 13.1% / 33% | 34.3% / 33% | 1.9% / 33% | 0.61% / 5% | ✗ NOT HALAL |
| S&P | 1.2% / 33% | 3.2% / 33% | 0.2% / 33% | 0.61% / 5% | ✓ HALAL |
| FTSE | 13.1% / 33% | 34.3% / 33% | 1.9% / 50% | 0.61% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 43.1% | |
| Operating Margin | -93.4% | |
| Net Margin | -98.9% | |
| Return on Equity (ROE) | -77.9% | |
| Return on Assets (ROA) | -29.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$22M |
| Free Cash Flow | -$30M |
| Total Debt | $8M |
| Debt-to-Equity | 22.1 |
| Current Ratio | 1.4 |
| Total Assets | $58M |
Price & Trading
| Last Close | $9.80 |
| 50-Day MA | $13.07 |
| 200-Day MA | $25.33 |
| Avg Volume | 10K |
|
52-Week Range
$4.08
| |
About mF International Ltd (MFI)
mF International Limited, a holding company, engages in the development and provision of financial trading solutions in Hong Kong, mainland China, and Southeast Asia. It offers real-time mission critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications, and financial information for brokers and institutional clients; and various services, including mF4 trading platform, trader pro, bridge and plugins, customer relationship management system, electronic communication network system, liquidity solutions, cross-platform Broker+ solution, social trading applications, and other value-added services. The company also provides liquidity providers related services and other financial value-added services; and engages in the business of algorithm trading research and development, and investment activities. It serves financial institutions, including brokers, investment banks, institutional clients, liquidity providers, and financial services providers. The company was founded in 2002 and is headquartered in Wan Chai, Hong Kong. mF International Limited operates as a subsidiary of Gaderway Investments Limited.
Purification Calculator
As a halal stock with 0.61% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is mF International Ltd (MFI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), mF 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 mF International Ltd's debt ratio?
mF International Ltd's debt ratio is 1.2% 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 13.1%.
Does mF International Ltd require dividend purification?
Yes, mF International Ltd has an impermissible income ratio of 0.61%, which means 0.61% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are mF International Ltd's key financial metrics?
mF International Ltd has a market capitalization of $526M, and revenue of $26M. The company maintains a gross margin of 43.1% and a net margin of -98.9%. Return on equity stands at -77.9%.
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.