Is FingerMotion, Inc. (FNGR) Stock Halal or Haram?

FingerMotion, Inc. (FNGR) - Halal (Shariah-Compliant)

FingerMotion, Inc. (FNGR) is classified as Halal (Shariah-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.

Business Activity Screen

Sector: Communication Services
Industry: Telecom Services
Result: Pass
Reason: The sector "Communication Services" and industry "Telecom Services" are not in the excluded categories.

Financial Ratios

Debt Ratio: Value: 4.2% | Threshold: 30% | Result: Pass
Cash & Interest-bearing Securities Ratio: Value: 1.1% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio: Value: 0.1% | Threshold: 5% | Result: Pass

Dividend Purification

Purification percentage: 0.11%.Based on the company's financial statements, approximately 0.11% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.11% of total income). Some scholars may differ on the exact calculation method.

About FingerMotion, Inc.

FingerMotion, Inc., through its subsidiaries, provides technology-enabled platforms and services in the People's Republic of China. It operates through four segments: Telecommunications Products and Services; Marketplace Platform and Digital Commerce Infrastructure Solutions; Data and Analytics Platform Solutions; and Advanced Technology and Platform Solutions. The company offers mobile payment, recharge services, data plan, mobile phone, and subscription plan, as well as value added products and services; and enterprise and multimedia messaging services. It also provides DaGe platform, a digital marketplace that integrates marketplace functionalities, including service discovery, provider matching, booking and scheduling, payment processing, and post-transaction feedback mechanisms; and JiuGe procurement platform, an enterprise procurement solution that centralizes supplier product catalogues and facilitating procurement workflows for employee benefits, customer rewards, and promotional campaign distribution. In addition, the company offers Sapientus, a data and analytics platform that generates analytical insights and reporting outputs for insurance, financial services, and mobility sectors; and C2 platform, a solution that focuses on communications and operational coordination for mobility-related applications, such as emergency response, logistics, and specialized field operations. It serves enterprise customers, telecommunications operators, and platform users. The company was founded in 2016 and is headquartered in Singapore.

Business Activity

Pass

Communication ServicesTelecom Services

The sector "Communication Services" and industry "Telecom Services" are not in the excluded categories.

Business-activity data: inferred from the company description (lower confidence). How coverage works

Financial Ratios

Pass

Debt Ratio4.2% / 30%

Cash & Interest-bearing Securities Ratio1.1% / 30%

Non-Permissible Income Ratio0.1% / 5%

Denominator: Market Capitalization

Dividend Purification

0.11%

Based on the company's financial statements, approximately 0.11% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.11% of total income). Some scholars may differ on the exact calculation method.

Uses quarterly data

About FingerMotion, Inc.

SingaporeNASDAQCommunication Services

Screened using AAOIFI Standard No. 21 on October 20, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.

Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.

Verdict history

Free with an account.

No verdict changes recorded since first screened on Aug 28, 2026. We started recording changes on Oct 19, 2026.

Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.

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Screening

What Makes a Stock Halal?

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Purification

Dividend Purification Explained

Learn how to calculate and donate the non-permissible portion of your dividend income.

Frequently Asked Questions

Is FingerMotion, Inc. (FNGR) stock halal to invest in?

According to AAOIFI Shariah screening standards, FingerMotion, Inc. (FNGR) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.

Does FingerMotion, Inc. have any interest income?

FingerMotion, Inc.'s interest income ratio is 1.1% of total revenue. AAOIFI standards require this to be below 30%.

What guidelines are used to determine if FNGR stock is Shariah-compliant?

FNGR is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.

How often is FingerMotion, Inc. stock reviewed for Shariah compliance?

FingerMotion, Inc.'s compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.

How can I stay updated on FingerMotion, Inc.'s compliance status?

You can save FNGR to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.

Are dividends from FingerMotion, Inc. stock considered halal?

Dividends from FingerMotion, Inc. require purification. Approximately 0.11% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.

Do I need to pay Zakat on my FingerMotion, Inc. shares?

Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.

Salaam

FingerMotion, Inc.

Business Activity

Financial Ratios

Dividend Purification

About FingerMotion, Inc.

Verdict history

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