Is Magnum Ice Cream Co N.V. (MICC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.0% / 30% | 1.9% / 30% | 4.1% / 30% | N/A | ✓ HALAL |
| DJIM | 2.0% / 33% | 1.9% / 33% | 4.1% / 33% | N/A | ✓ HALAL |
| MSCI | 3.4% / 33% | 3.2% / 33% | 7.1% / 33% | N/A | ✓ HALAL |
| S&P | 2.0% / 33% | 1.9% / 33% | 4.1% / 33% | N/A | ✓ HALAL |
| FTSE | 3.4% / 33% | 3.2% / 33% | 7.1% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 34.6% | |
| Operating Margin | 10.1% | |
| Net Margin | 3.7% | |
| Return on Equity (ROE) | 17.9% | |
| Return on Assets (ROA) | 8.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.1B |
| Free Cash Flow | $792M |
| Total Debt | $188M |
| Debt-to-Equity | 539.7 |
| Current Ratio | 1.0 |
| Total Assets | $5.5B |
Price & Trading
| Last Close | $14.64 |
| 50-Day MA | $16.40 |
| 200-Day MA | $16.12 |
| Avg Volume | 1.4M |
|
52-Week Range
$14.44
| |
About Magnum Ice Cream Co N.V. (MICC)
The Magnum Ice Cream Company N.V. engages in the ice cream business in the Netherlands. The company offers its products under the Magnum, Ben & Jerry's, Cornetto, and Wall's brands. It also operates in rest of Europe, North America, South America, Africa, Asia, the Middle East, Australia, and New Zealand. The company was incorporated in 2025 and is headquartered in Amsterdam, the Netherlands.
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Frequently Asked Questions
Is Magnum Ice Cream Co N.V. (MICC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Magnum Ice Cream Co N.V. 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 Magnum Ice Cream Co N.V.'s debt ratio?
Magnum Ice Cream Co N.V.'s debt ratio is 2.0% 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 3.4%.
What are Magnum Ice Cream Co N.V.'s key financial metrics?
Magnum Ice Cream Co N.V. has a market capitalization of $9.0B, trailing P/E ratio of 26.6. The company maintains a gross margin of 34.6% and a net margin of 3.7%. Return on equity stands at 17.9%.
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.