The Mint Corp. engages in the provision of financial services to employers, employees, and merchants through its subsidiary. The company is headquartered in Toronto, Ontario. The firm is focused on offering financial services to the unbanked salaried workers in the United Arab Emirates (UAE). The firm provides employers with payroll cards for their unbanked employees. The company offers employers scalable, flexible and payroll card management solutions through its globally certified payments platform. The company also focuses on facilitating payroll disbursement for unbanked workers, employees not qualified for traditional bank accounts. Its UAE operations comprise five entities, including Mint Middle East LLC (MME), Mint Electronic Payment Services Ltd (MEPS), Mint Capital LLC (MCO), and Hafed Holding (Hafed). MME is a payroll card services provider facilitating an automated and secure payroll system for employers in the UAE. Its UAE operations payroll cards and mobile app are branded under the Hafed name.
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As of August 2026, Mint Corp MITJF is classified as not covered 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 Mint Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Mint Corp 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 Mint Corp 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 Mint Corp 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 Mint Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.