What is Magnite, Inc.'s Shariah compliance score?

Magnite, Inc. (MGNI) has a Shariah compliance score of 40/100 (Grade: C, Marginal) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Magnite, Inc. pass AAOIFI screening?

Magnite, Inc. (MGNI) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (MGNI: 20.9%), (3) interest-bearing deposits below 30% (MGNI: 20.8%), and (4) prohibited income below 5% (MGNI: 2.1%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Magnite, Inc. stock?

Magnite, Inc. (MGNI) has a non-permissible income ratio of 2.08%. Muslim investors should purify this percentage of any dividends received and capital gains realized from MGNI shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Magnite, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Magnite, Inc. (MGNI) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about MGNI's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Magnite, Inc. (MGNI) halal? Halal. Based on AAOIFI screening, Magnite, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 40/100 (Grade: C).

MGNI: Is Magnite, Inc. Halal?

Halal

Magnite, Inc.

NASDAQCommunication ServicesUS

$14.85

-3.45%

AvoidBorderlineClean

Purify ~5.1% of income

About Magnite, Inc.

Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties, to manage and monetize their inventory; and provides applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory. It markets its technology solutions to buyers and sellers through a sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.

Sector: Communication Services · Industry: Advertising Agencies

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026

Marginal

Multiple ratios near AAOIFI thresholds

40Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Peripheral exposure (still halal, purify this share)

3.0%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

•Advertising Agencies: estimated 3.0% peripheral exposure (AAOIFI industry average)

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap20.9% / 30.0%

Compliance History

Halalnow
since Jun 2026
Doubtful
until the change above
Not Halal
until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 17, 2026Fiscal: Q1 2026Source: EDGAR

Purify Your MGNI Dividends

2.1% non-compliant income

MGNI has 2.1% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

2.1B

Price

$14.85

Sector

Communication Services

Industry

Advertising Agencies

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Frequently Asked Questions

Is Magnite, Inc. (MGNI) halal to invest in?

Based on AAOIFI Standard 21 screening, Magnite, Inc. (MGNI) is rated Halal with a compliance grade of C (Marginal). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Magnite, Inc. get a C compliance rating?

Magnite, Inc. (MGNI) received a grade of C (Marginal) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 20.9% (limit 30%); interest-bearing deposits of 20.8% (limit 30%); prohibited income of 2.08% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Magnite, Inc.'s Shariah verdict?

Magnite, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Magnite, Inc. re-screened for Shariah compliance?

Magnite, Inc. (MGNI) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 17, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.