Is Mega Fortune Co Ltd (MGRT) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.6% / 30% | 0.7% / 30% | 5.3% / 30% | 0.0% / 5% | ✓ HALAL |
| DJIM | 0.6% / 33% | 0.7% / 33% | 5.3% / 33% | 0.0% / 5% | ✓ HALAL |
| MSCI | 3.8% / 33% | 4.1% / 33% | 33.8% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| S&P | 0.6% / 33% | 0.7% / 33% | 5.3% / 33% | 0.0% / 5% | ✓ HALAL |
| FTSE | 3.8% / 33% | 4.1% / 33% | 33.8% / 50% | 0.0% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 50.7% | |
| Operating Margin | 21.2% | |
| Net Margin | 16.1% | |
| Return on Equity (ROE) | 21.1% | |
| Return on Assets (ROA) | 12.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$12M |
| Free Cash Flow | -$12M |
| Total Debt | $699,872 |
| Debt-to-Equity | 4.5 |
| Current Ratio | 4.9 |
| Total Assets | $18M |
Price & Trading
| Last Close | $7.86 |
| 50-Day MA | $6.99 |
| 200-Day MA | $5.55 |
| Avg Volume | 70K |
|
52-Week Range
$1.50
| |
About Mega Fortune Co Ltd (MGRT)
Mega Fortune Company Limited, through its subsidiaries, provides Internet of Things (IoT) solutions and services to various industries. Its IoT integration solution includes consulting, development and implementation, analytics, and evolution. The company also provides IoT maintenance and support services; and business process outsourcing and technical consultant services. In addition, it trades in hardware and IoT-related products. The company was founded in 2011 and is headquartered in Sha Tin, Hong Kong. Mega Fortune Company Limited is a subsidiary of Mericorn Company Limited.
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Frequently Asked Questions
Is Mega Fortune Co Ltd (MGRT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Mega Fortune Co 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 Mega Fortune Co Ltd's debt ratio?
Mega Fortune Co Ltd's debt ratio is 0.6% 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 3.8%.
What are Mega Fortune Co Ltd's key financial metrics?
Mega Fortune Co Ltd has a market capitalization of $111M, trailing P/E ratio of 47.6, and revenue of $11M. The company maintains a gross margin of 50.7% and a net margin of 16.1%. Return on equity stands at 21.1%.
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.