Is MAGNITE, INC. (MGNI) Halal?

NASDAQ Communication Services United States $1.7B
✗ NOT HALAL
Confidence: 90/100
MAGNITE, INC. (MGNI) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 31.0% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. MAGNITE, INC. operates in the Communication Services sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 31.0%
/ 30%
27.4%
/ 30%
64.4%
/ 30%
1.15%
/ 5%
✗ NOT HALAL
DJIM 31.0%
/ 33%
27.4%
/ 33%
64.4%
/ 33%
1.15%
/ 5%
✗ NOT HALAL
MSCI 19.8%
/ 33%
17.5%
/ 33%
41.1%
/ 33%
1.15%
/ 5%
✗ NOT HALAL
S&P 31.0%
/ 33%
27.4%
/ 33%
64.4%
/ 33%
1.15%
/ 5%
✗ NOT HALAL
FTSE 19.8%
/ 33%
17.5%
/ 33%
41.1%
/ 50%
1.15%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
12.3
Forward: 9.5
EPS
$0.95
P/B Ratio
1.8
EV/EBITDA
12.7
EV: $1.8B
Revenue
$714M
Growth: 5.9%
Beta
2.4
High volatility
Current Ratio
1.0

Profitability

Gross Margin 62.7%
Operating Margin 25.4%
Net Margin 20.3%
Return on Equity (ROE) 17.1%
Return on Assets (ROA) 2.0%

Cash Flow & Balance Sheet

Operating Cash Flow$236M
Free Cash Flow$152M
Total Debt$626M
Debt-to-Equity67.9
Current Ratio1.0
Total Assets$3.2B

Price & Trading

Last Close$11.85
50-Day MA$12.95
200-Day MA$18.10
Avg Volume2.3M
Beta2.4
52-Week Range
$8.22
$26.65

About MAGNITE, INC. (MGNI)

CEO
Mr. Michael G. Barrett
Employees
971
Sector
Communication Services
Industry
Advertising Agencies
Country
United States
Exchange
NASDAQ
Market Cap
$1.7B
Currency
USD

Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory, or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that brings buyers and sellers together. It markets its solutions through sales teams that operate from various locations. Magnite, Inc. was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. The company was incorporated in 2007 and is headquartered in New York, New York.

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Frequently Asked Questions

Is MAGNITE, INC. (MGNI) halal to invest in?

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

MAGNITE, INC.'s debt ratio is 31.0% 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 19.8%.

What are MAGNITE, INC.'s key financial metrics?

MAGNITE, INC. has a market capitalization of $1.7B, trailing P/E ratio of 12.3, and revenue of $714M. The company maintains a gross margin of 62.7% and a net margin of 20.3%. Return on equity stands at 17.1%.

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.