Is QMMM Holdings Limited Ordinary Shares (QMMM) halal? Halal. Based on AAOIFI screening, QMMM Holdings Limited Ordinary Shares passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 85/100 (Grade: A).

QMMM Holdings Limited Ordinary Shares

QMMM: Is QMMM Holdings Limited Ordinary Shares Halal?

Halal

QMMM Holdings Limited Ordinary Shares

NASDAQCommunication ServicesHK

$119.40

+0.00%

Purify ~3.1% of income

About QMMM Holdings Limited Ordinary Shares

QMMM Holdings Limited, a company established in Hong Kong in 2022, specializes in delivering digital media advertising and marketing production services, with a strong focus on the local market. The firm's core offerings encompass creative content generation and production for a wide array of advertising campaigns, including television commercials and online video. Their expertise extends to advanced visual technologies, such as 360-degree video and animation, alongside comprehensive extended reality (XR) solutions that integrate virtual (VR), augmented (AR), and mixed reality (MR) applications. Additionally, they provide services in 3D scanning, motion capture, projection mapping, and the creation of digital façades. Beyond these foundational services, QMMM Holdings also offers specialized technological solutions. This includes their "Quantum Human" brand, which focuses on virtual avatar and digital apparel technology, and "Quantum Fit," a system for real-time automated fitting of virtual fashion and clothing. These cutting-edge services are utilized by a diverse clientele across various sectors, such as theme parks, entertainment, real estate, banking, travel, retail, and technology platforms, as well as by high-end fashion shows and luxury event organizers. QMMM Holdings Limited is headquartered in Hong Kong and operates as a subsidiary of Fortune Wings Ventures Limited.

Sector: Communication Services · Industry: Advertising Agencies

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 16, 2026
A

Very Good

Strong compliance across all metrics

85Score

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 Cap0.0% / 30.0%

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 16, 2026Fiscal: FY 2024Source: FMP

Purify Your QMMM Dividends

0.1% non-compliant income

QMMM has 0.1% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

5.8B

Price

$119.40

Sector

Communication Services

Industry

Advertising Agencies

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Frequently Asked Questions

Is QMMM Holdings Limited Ordinary Shares (QMMM) halal to invest in?
Based on AAOIFI Standard 21 screening, QMMM Holdings Limited Ordinary Shares (QMMM) is rated Halal with a compliance grade of A (Very Good). 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 QMMM Holdings Limited Ordinary Shares get a A compliance rating?
QMMM Holdings Limited Ordinary Shares (QMMM) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 0.0% (limit 30%); prohibited income of 0.07% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change QMMM Holdings Limited Ordinary Shares's Shariah verdict?
QMMM Holdings Limited Ordinary Shares'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 QMMM Holdings Limited Ordinary Shares re-screened for Shariah compliance?
QMMM Holdings Limited Ordinary Shares (QMMM) 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 16, 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.