Is MGM Resorts International (MGM) Halal?

NYSE Consumer Cyclical United States $9.9B
✗ NOT HALAL
Confidence: 90/100
MGM Resorts International (MGM) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 322.5% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. MGM Resorts International operates in the Consumer Cyclical sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 322.5%
/ 30%
21.2%
/ 30%
13.8%
/ 30%
3.64%
/ 5%
✗ NOT HALAL
DJIM 322.5%
/ 33%
21.2%
/ 33%
13.8%
/ 33%
3.64%
/ 5%
✗ NOT HALAL
MSCI 75.8%
/ 33%
5.0%
/ 33%
3.2%
/ 33%
3.64%
/ 5%
✗ NOT HALAL
S&P 322.5%
/ 33%
21.2%
/ 33%
13.8%
/ 33%
3.64%
/ 5%
✗ NOT HALAL
FTSE 75.8%
/ 33%
5.0%
/ 33%
3.2%
/ 50%
3.64%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
47.8
Forward: 15.5
EPS
$0.76
P/B Ratio
3.9
EV/EBITDA
16.7
EV: $39.4B
Revenue
$17.5B
Growth: 6.0%
Beta
1.4
High volatility
Current Ratio
1.2

Profitability

Gross Margin 44.4%
Operating Margin 7.1%
Net Margin 1.2%
Return on Equity (ROE) 14.9%
Return on Assets (ROA) 2.0%

Cash Flow & Balance Sheet

Operating Cash Flow$2.5B
Free Cash Flow$1.5B
Total Debt$31.4B
Debt-to-Equity963.1
Current Ratio1.2
Total Assets$41.4B

Price & Trading

Last Close$37.57
50-Day MA$35.68
200-Day MA$35.29
Avg Volume4.9M
Beta1.4
52-Week Range
$25.30
$40.16

About MGM Resorts International (MGM)

CEO
Mr. William Joseph Hornbuckle IV
Employees
60,000
Sector
Consumer Cyclical
Industry
Resorts & Casinos
Country
United States
Exchange
NYSE
Market Cap
$9.9B
Currency
USD

MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. It operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The company operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms. Its casino operations include slots and table games, as well as live dealer, online sports betting, and iGaming through BetMGM. The company's customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.

Related Halal Stocks in Consumer Cyclical

Frequently Asked Questions

Is MGM Resorts International (MGM) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), MGM Resorts International 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 MGM Resorts International's debt ratio?

MGM Resorts International's debt ratio is 322.5% 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 75.8%.

What are MGM Resorts International's key financial metrics?

MGM Resorts International has a market capitalization of $9.9B, trailing P/E ratio of 47.8, and revenue of $17.5B. The company maintains a gross margin of 44.4% and a net margin of 1.2%. 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.