
Is MDB Capital (MDBH) stock Halal?
September 2026 AAOIFI screening result for MDB Capital Holdings LLC (MDBH): non-permissible income, fail. Interest-bearing investments, fail. Interest-bearing debt, pass. Preference shares, pass. MDB Capital Holdings LLC is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
MDB Capital is an investment firm specializing in the advancement and development of emerging technologies. Its primary function is to identify, develop, and capitalize on breakthrough innovations that hold market-transforming potential. The company focuses on areas such as biotechnology, life sciences, and other high-growth technology sectors, seeking to support and invest in companies through their nascent stages of development. Before any of that matters to a Muslim investor, one question comes first: is MDB Capital stock Halal?
Is MDB Capital Shariah compliant?
In financial services the activity screen carries the verdict more often than anywhere else: AAOIFI Shariah Standard No. 21 draws a hard line between fee based, permissible services and earning Riba as a business model. For MDB Capital, that distinction comes first, with the debt and investment ratios behind it.
Does MDB Capital pass the business activity test?
The activity screen is only part of the picture this month: MDB Capital currently fails the non-permissible income and interest-bearing investments screens, so the overall verdict is not compliant regardless of the business itself. The watch item in this sector is the sharpest of all: revenue must come from permissible services, not from lending at interest.
Is MDB Capital's income Halal?
No. MDB Capital's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does MDB Capital meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing investments currently exceed the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
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 What is Riba? A Clear Guide for Ethical Muslim Investing



