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Is Anghami Inc Stock Halal?
Shariah Compliance Analysis of ANGH Stock
No. As of October 2026, Anghami Inc (ANGH) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Anghami Inc does not pass Musaffa's business and financial screening criteria.
Anghami, Inc. engages in the provision of digital entertainment and online streaming platforms. The company is headquartered in Dubai, Dubai and currently employs 186 full-time employees. The company went IPO on 2020-08-21. The firm provides music streaming, podcast streaming, video content delivery, and related online media services across the Middle East and North Africa. The firm offers a catalog of approximately 100 million Arabic and international songs, podcast programming, video clips, and live events, supported by artificial intelligence and machine‑learning systems. The company distributes its services through free ad-supported access and premium subscription plans. The firm engages with regional and global music labels, telecom operators, advertisers, and artists to provide content licensing, data-driven advertising solutions, artist analytics, and promotional tools, while also operating live concerts and entertainment venues that complement its digital platform and broaden audience engagement.
ANGH Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Anghami Inc is classified as not halal.
NOT HALALAnghami Inc (ANGH) Chart
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Financial Metrics & Statements of Anghami Inc (ANGH)
FAQ's for Anghami Inc (ANGH)
- As of October 2026, Anghami Inc ANGH is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Anghami Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Anghami Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Anghami Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Anghami Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Anghami Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Anghami Inc (ANGH)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
| Name | Price | 1D Change | Market Cap | Rating | |
|---|---|---|---|---|---|
Roblox Corp RBLX | $48.09 | 5.65% | $36.61B | Unlock | |
Imax Corp IMAX | $50.80 | 0.99% | $2.96B | Unlock | |
Brera Holdings PLC SLMT | $3.07 | 3.62% | $43.93M | Unlock |