
Is Marchex (MCHX) stock Halal?
As of the September 2026 screening, Marchex, Inc. (MCHX) meets every AAOIFI Shariah Standard No. 21 requirement: non-permissible income, interest-bearing investments and interest-bearing debt all sit within the thresholds, and there is no impermissible preference share structure. The dividend purification factor is 100%. The stock is re-screened every month.
Marchex is a digital advertising and marketing services company that focuses on providing data-driven solutions to help businesses manage and optimize their marketing investments. The company's primary function is to supply actionable analytics that enable enterprises to enhance customer engagement and maximize their advertising effectiveness. Marchex serves a variety of sectors, with a significant emphasis on automotive, telecommunications, travel, and insurance industries. For Muslim investors, though, the most pressing question is simpler: is Marchex a Halal investment?
Is Marchex Shariah compliant?
Media and platform businesses sit closer to the activity screen than most: advertising, content and app ecosystems can carry impermissible elements, and AAOIFI Shariah Standard No. 21 tolerates them only below 5% of revenue. For Marchex, that is where the screening attention goes first, before the debt ratios.
Does Marchex pass the business activity test?
Yes. In the September 2026 screening Marchex holds an overall PASS, which a stock only earns when its core business clears the activity screen. The watch item is content: advertising and programming can include impermissible material, which AAOIFI treats as incidental only below the 5% revenue ceiling.
Is Marchex's income Halal?
Yes, within AAOIFI's tolerance. Marchex's income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 100% tells holders of MCHX what share of each dividend to keep and what remainder to donate to charity.
Does Marchex meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has MCHX re-screened every month, and the result above always shows the latest verdict.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read Why a Halal Stock Screener Matters for Halal Investing



