No. As of October 2026, Ming Le Sports AG (ML2.F) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Ming Le Sports AG does not pass Musaffa's business and financial screening criteria.
Ming Le Sports AG engages in the manufacture, sale, distribution, and marketing of shoes, athletic shoes, athletic clothing, sportswear, as well as sport accessories and sporting goods. The company is headquartered in Heidelberg, Baden-Wuerttemberg and currently employs 0 full-time employees. The company went IPO on 2012-07-06. The firm targets urban customers in year-range between 16 and 35, both men and women. The firm's products include footwear, apparel, accessories and equipment, and is diversified into two business operating business segments: Footwear, as well as Apparels, accessories and equipment. The company designs its own products and manufacturers them at the Company's facilities or through contract manufacturers. The company markets and sells its products through a network of 24 distributors to, as of April 30, 2012, approximately 3,324 retail outlets in China. The firm's operational business is exclusively carried out by Mingle (China) Co, Ltd and Fujian Mingle Sportswear Co, Ltd, which are indirectly wholly owned subsidiaries of the Company. Furthermore, the Company holds a 100%-stake in Mingle (International) Limited, which acts as a holding company.
Ming Le Sports AG ML2.F
€0.60
Last Updated: Oct 09, 12:00 AM·XFRA
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ML2.F Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Ming Le Sports AG is classified as not halal.
NOT HALAL
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FAQ's for Ming Le Sports AG (ML2.F)
As of October 2026, Ming Le Sports AG ML2.F 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 Ming Le Sports AG using these criteria to determine its compliance status.
Muslim investors may consider investing in Ming Le Sports AG 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 Ming Le Sports AG 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 Ming Le Sports AG 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 Ming Le Sports AG 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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