Is MGLD (MGLD) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Asset Management | ✗ NOT HALAL | |||
| DJIM | Excluded — Asset Management | ✗ NOT HALAL | |||
| MSCI | Excluded — Asset Management | ✗ NOT HALAL | |||
| S&P | Excluded — Asset Management | ✗ NOT HALAL | |||
| FTSE | Excluded — Asset Management | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 73.4% | |
| Operating Margin | -8.3% | |
| Net Margin | -11.9% | |
| Return on Equity (ROE) | -14.9% | |
| Return on Assets (ROA) | -9.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$3M |
| Free Cash Flow | -$3M |
| Total Debt | $2M |
| Debt-to-Equity | 5.0 |
| Current Ratio | 3.9 |
| Total Assets | $30M |
Price & Trading
| Last Close | $1.15 |
| 50-Day MA | $1.08 |
| 200-Day MA | $0.98 |
| Avg Volume | 312K |
| Beta | 0.2 |
|
52-Week Range
$0.64
| |
About MGLD (MGLD)
The Marygold Companies, Inc., through its subsidiaries, provides fund management services in the United States, Canada, the United Kingdom, New Zealand, and Australia. It operates through Fund Management, Food Products, Security Systems, Beauty Products, and Financial Services segments. The company offers investment fund management and advisory services to exchange traded funds and exchange traded products organized as limited partnerships or investment trusts. It also manufactures and distributes meat pies, sausage rolls, and patisserie cakes through the Ponsonby Pies and Pats Pantry brands to grocery stores, gasoline convenience stores, and independent retailers and cafes; and prints specialty wrappers for the food industry. In addition, the company sells and installs alarm monitoring systems, security monitoring hardware, access controls, ULC approved fire monitoring panels, and comprehensive security systems through the Brigadier Elite brand to commercial and residential customers. Further, it formulates, packages, retails, and distributes various hair and skin care products under the Original Sprout brand to end users, resellers, wholesale distributors, and retail stores, as well as through online. Additionally, the company develops Fintech digital mobile banking app; and operates as an asset manager. The company was formerly known as Concierge Technologies, Inc. and changed its name to The Marygold Companies Inc. in March 2022. The Marygold Companies Inc. was founded in 1996 and is headquartered in San Clemente, California.
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Frequently Asked Questions
Is MGLD (MGLD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MGLD 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 MGLD's debt ratio?
MGLD's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are MGLD's key financial metrics?
MGLD has a market capitalization of $49M, and revenue of $30M. The company maintains a gross margin of 73.4% and a net margin of -11.9%. Return on equity stands at -14.9%.
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.