Is TNL Mediagene (TNMG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 21.4% / 30% | 3.4% / 30% | 11.5% / 30% | 0.04% / 5% | ✓ HALAL |
| DJIM | 21.4% / 33% | 3.4% / 33% | 11.5% / 33% | 0.04% / 5% | ✓ HALAL |
| MSCI | 24.9% / 33% | 3.9% / 33% | 13.4% / 33% | 0.04% / 5% | ✓ HALAL |
| S&P | 21.4% / 33% | 3.4% / 33% | 11.5% / 33% | 0.04% / 5% | ✓ HALAL |
| FTSE | 24.9% / 33% | 3.9% / 33% | 13.4% / 50% | 0.04% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 33.3% | |
| Operating Margin | -25.9% | |
| Net Margin | -167.9% | |
| Return on Equity (ROE) | -164.6% | |
| Return on Assets (ROA) | -31.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$10M |
| Free Cash Flow | -$11M |
| Total Debt | $23M |
| Debt-to-Equity | 58.1 |
| Current Ratio | 0.4 |
| Total Assets | $93M |
Price & Trading
| Last Close | $1.95 |
| 50-Day MA | $2.87 |
| 200-Day MA | $6.10 |
| Avg Volume | 699K |
| Beta | 1.2 |
|
52-Week Range
$1.77
| |
About TNL Mediagene (TNMG)
TNL Mediagene operates as a media company in Taiwan and Japan. The company operates The News Lens, a news site; Business Insider Japan, a news site focused on developments inside and outside Japan in business, finance, politics, and technology; Business Yee, a specialized Chinese-language business news site; DIGIDAY JAPAN, a publication for Japanese and international digital marketing news; MASHING UP, a conference and event series; Modern Retail, a site for retail marketing; Becoming Aces; and GLOSSY JAPAN, a site for beauty and fashion industry. It also operates Gizmodo Japan, a weblog site that publishes news, reviews, and buying guides of latest technology and consumer gadgets; Cool3c, a weblog site featuring new product information, reviews, and analysis of brand stories in gadget and tech space; Tech Insider, a site publishing stories on technology and business of technology; INSIDE, an online news publication focused on internet and software startups, blockchain, technology industry trends, digital life, and future technology. The company offers iCook, a food site; Lifehacker Japan, a weblog site about lifestyle advice, and software tips and news; ROOMIE, a site offering lifestyle items and ideas; ROOMIE KITCHEN, a cooking site; Life Insider Japan and Money Insider Japan sites for providing updates on work, lifestyles and personal finance; every little d, a design and art themed online publication; iGood for shopping; Sports Vision, a site that presents news and analysis on sports, athletes, sports policy, and business of sports; Agent Movie, a film and TV related news and review site; Fuze, a digital culture site publishing content focused on art, music, and counterculture in the digital age; and Sirabee, a news site that publishes articles on entertainment, gourmet, breaking news topics, and original research. It also involved artificial intelligence, advertising technology, digital studio, and e-commerce activities. The company is based in Tokyo, Japan.
Purification Calculator
As a halal stock with 0.04% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is TNL Mediagene (TNMG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TNL Mediagene 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 TNL Mediagene's debt ratio?
TNL Mediagene's debt ratio is 21.4% 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 24.9%.
Does TNL Mediagene require dividend purification?
Yes, TNL Mediagene has an impermissible income ratio of 0.04%, which means 0.04% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are TNL Mediagene's key financial metrics?
TNL Mediagene has a market capitalization of $76M, and revenue of $48M. The company maintains a gross margin of 33.3% and a net margin of -167.9%. Return on equity stands at -164.6%.
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.