Is Ming Shing Group Holdings Ltd (MSW) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 51.0% / 30% | 1.6% / 30% | 62.9% / 30% | 5.83% / 5% | ✗ NOT HALAL |
| DJIM | 51.0% / 33% | 1.6% / 33% | 62.9% / 33% | 5.83% / 5% | ✗ NOT HALAL |
| MSCI | 57.7% / 33% | 1.9% / 33% | 71.1% / 33% | 5.83% / 5% | ✗ NOT HALAL |
| S&P | 51.0% / 33% | 1.6% / 33% | 62.9% / 33% | 5.83% / 5% | ✗ NOT HALAL |
| FTSE | 57.7% / 33% | 1.9% / 33% | 71.1% / 50% | 5.83% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -26.0% | |
| Operating Margin | -44.4% | |
| Net Margin | -41.5% | |
| Return on Assets (ROA) | -65.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$8M |
| Free Cash Flow | -$8M |
| Total Debt | $8M |
| Current Ratio | 0.7 |
| Total Assets | $13M |
Price & Trading
| Last Close | $0.92 |
| 50-Day MA | $1.10 |
| 200-Day MA | $2.03 |
| Avg Volume | 164K |
|
52-Week Range
$0.60
| |
About Ming Shing Group Holdings Ltd (MSW)
Ming Shing Group Holdings Limited, through its subsidiaries, engages in wet trades works in Hong Kong. Its works include plastering, tile laying, brick laying, floor screeding, and marble works. The company serves public and private sectors. Ming Shing Group Holdings Limited was incorporated in 2022 and is based in Cheung Sha Wan, Hong Kong.
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Frequently Asked Questions
Is Ming Shing Group Holdings Ltd (MSW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Ming Shing Group Holdings Ltd 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 Ming Shing Group Holdings Ltd's debt ratio?
Ming Shing Group Holdings Ltd's debt ratio is 51.0% 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 57.7%.
What are Ming Shing Group Holdings Ltd's key financial metrics?
Ming Shing Group Holdings Ltd has a market capitalization of $12M, and revenue of $34M. The company maintains a gross margin of -26.0% and a net margin of -41.5%.
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.