Is Magic Software Enterprises Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Magic Software Enterprises Ltd (MGIC) is currently classified as HALAL as of December 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Magic Software Enterprises Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Magic Software Enterprises Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Magic Software Enterprises Ltd?

Muslim investors may consider investing in Magic Software Enterprises 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.

Why is Magic Software Enterprises Ltd classified as HALAL?

Musaffa determines the Shariah status of Magic Software Enterprises Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Magic Software Enterprises Ltd updated?

The Shariah compliance status of Magic Software Enterprises Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Magic Software Enterprises Ltd become non-compliant?

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.

Where can I check the Shariah status of Magic Software Enterprises Ltd?

You can check the latest Shariah compliance status of Magic Software Enterprises Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

MGIC Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: December 04, 2025

Report Source: 2025 3rd Quarter Report

Magic Software Enterprises Ltd. Stock Analysis MGIC

United States Information Technology Small Cap Report: Q3, 2025

Magic Software Enterprises Ltd. operates as a global provider of end-to-end integration and application development platforms solutions and IT consulting services. The firm is a vendor of information technology (IT) outsourcing services. Its software technology is used by customers to develop, deploy and integrate on premise, mobile and cloud-based business. The company operates through two segments: software solutions and IT professional services. The software services segment includes software technology and complementary services. The IT professional services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, and communications services and solutions. Its product portfolio includes Magic xpa Application Platform, AppBuilder Application Platform and Magic xpi Integration Platform. Its vertical software packages include Leap, Hermes Solution, HR Pulse and MBS Solution.

Key Statistics of Magic Software Enterprises Ltd (MGIC)

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

Today's Range

$17.25$18.29

Today's Open

$17.96

Volume

146.01K

P/E Ratio (TTM)

24.10

52 Week Range

$14.31$28.00

Market Cap

891.52M

Avg. Volume