Masonglory Limited (MSGY) 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
Industrials
Industry
Engineering & Construction
Result
Pass
Reason
The sector "Industrials" and industry "Engineering & Construction" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 0.0% | Threshold: 30% | Result: Pass
Cash & Interest-bearing Securities Ratio
Value: 4.0% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements. No purification is required based on available data.
About Masonglory Limited
Masonglory Limited, through its subsidiaries, provides wet trades and other ancillary services in Hong Kong. The company offers plastering on floors, ceilings, and walls; tile laying on internal and external walls and floors; brick laying; floor screeding; and marble works. It also provides project portfolio which includes private sector projects, such as private residential and commercial development; and public sector projects, including infrastructure and public facilities developments. The company was founded in 2018 and is based in Kowloon, Hong Kong. Masonglory Limited is a subsidiary of Fung & Tun Limited.
Frequently Asked Questions
Is Masonglory Limited (MSGY) stock halal to invest in?
According to AAOIFI Shariah screening standards, Masonglory Limited (MSGY) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does Masonglory Limited have any interest income?
Masonglory Limited's interest income ratio is 4.0% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if MSGY stock is Shariah-compliant?
No non-permissible income detected in the financial statements. No purification is required based on available data.
Uses quarterly data
About Masonglory Limited
Masonglory Limited, through its subsidiaries, provides wet trades and other ancillary services in Hong Kong. The company offers plastering on floors, ceilings, and walls; tile laying on internal and external walls and floors; brick laying; floor screeding; and marble works. It also provides project portfolio which includes private sector projects, such as private residential and commercial development; and public sector projects, including infrastructure and public facilities developments. The company was founded in 2018 and is based in Kowloon, Hong Kong. Masonglory Limited is a subsidiary of Fung & Tun Limited.
Hong KongNASDAQIndustrials
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 Sep 30, 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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Frequently Asked Questions
According to AAOIFI Shariah screening standards, Masonglory Limited (MSGY) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Masonglory Limited's interest income ratio is 4.0% of total revenue. AAOIFI standards require this to be below 30%.
MSGY 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.
Masonglory Limited'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.
You can save MSGY 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.
Dividends from Masonglory Limited require purification. Approximately 0.00% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
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.
MSGY 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 Masonglory Limited stock reviewed for Shariah compliance?
Masonglory Limited'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 Masonglory Limited's compliance status?
You can save MSGY 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 Masonglory Limited stock considered halal?
Dividends from Masonglory Limited require purification. Approximately 0.00% 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 Masonglory Limited 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.
