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METHODOLOGY

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Our 5-step halal methodology, in 90 seconds.

MEGL Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 05, 2026

Report Source: 2025 Annual Report

Magic Empire Global Ltd

Magic Empire Global Ltd. Stock Analysis MEGL

United States Financials Nano Cap Report:
Magic Empire Global Ltd. engages in the provision of corporate finance advisory and underwriting services. The company employs 7 full-time employees The company went IPO on 2022-08-05. The firm is principally engaged in the provision of corporate finance advisory services and underwriting services. The firm is also engaged in the provision of initial public offering (IPO) sponsorship services, financial advisory and independent financial advisory services, compliance advisory services and others.
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Magic Empire Global Ltd (MEGL) Chart

Key Statistics of Magic Empire Global Ltd (MEGL)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$1.08$1.12

Today's Open

$1.08

Volume

64.91K

P/E Ratio (TTM)

-

52 Week Range

$0.87$2.27

Market Cap

5.72M

Avg. Volume

72.31K

Dividend Yield

-

Financial Metrics & Statements of Magic Empire Global Ltd (MEGL)

FAQ's for Magic Empire Global Ltd (MEGL)

  • According to Musaffa’s Shariah screening methodology, Magic Empire Global Ltd (MEGL) is currently classified as NOT HALAL as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Magic Empire Global Ltd using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Magic Empire Global Ltd 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 Magic Empire Global Ltd 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 Magic Empire Global Ltd 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 Magic Empire Global Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

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