Is Millennium Group International Holdings Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Millennium Group International Holdings Ltd (MGIH) is currently classified as NOT 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 Millennium Group International Holdings 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 Millennium Group International Holdings Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Millennium Group International Holdings Ltd?

Muslim investors may consider investing in Millennium Group International Holdings 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 Millennium Group International Holdings Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Millennium Group International Holdings 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 Millennium Group International Holdings Ltd updated?

The Shariah compliance status of Millennium Group International Holdings Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Millennium Group International Holdings 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 Millennium Group International Holdings Ltd?

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

MGIH Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 04, 2025

Report Source: 2025 Annual Report

Millennium Group International Holdings Ltd. Stock Analysis MGIH

United States Materials Nano Cap Report: 2025 Annual

Millennium Group International Holdings Ltd. is a paper-based packaging solutions supplier, which engages in the business of production and sale of packaging products and corrugated products. The company employs 379 full-time employees The company went IPO on 2023-04-04. The firm is engaged in the design and production of packaging products, corrugated products and others. In addition, the Company is engaged in the supply-chain management business.

Key Statistics of Millennium Group International Holdings Ltd (MGIH)

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

Today's Range

$1.42$1.48

Today's Open

$1.48

Volume

21.88K

P/E Ratio (TTM)

52 Week Range

$1.11$4.84

Market Cap

16.76M

Avg. Volume

13.26K

Dividend Yield

Financial Metrics & Statements of Millennium Group International Holdings Ltd (MGIH)

FAQ's for Millennium Group International Holdings Ltd (MGIH)

According to Musaffa’s Shariah screening methodology, Millennium Group International Holdings Ltd (MGIH) is currently classified as NOT 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.