Is MGM Resorts International MGM stock halal to invest in?

No, as of August 2026, MGM Resorts International stock (MGM) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. MGM Resorts International currently does not meet the threshold for the non-permissible income and interest-bearing debt screens. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of MGM Resorts International and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is MGM Resorts International MGM reviewed for Shariah compliance?

Tabadulat reviews MGM Resorts International MGM for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for MGM Resorts International reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does MGM Resorts International MGM pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, MGM Resorts International stock (MGM) does not pass the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. MGM Resorts International's income from non-permissible sources currently exceeds this 5% ceiling, which makes the stock non-compliant on this criterion regardless of how it performs on the other screens. The screen is reassessed monthly, so the status can change when the company releases new financial statements.

Does MGM Resorts International MGM pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, MGM Resorts International stock (MGM) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). MGM Resorts International's interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does MGM Resorts International MGM pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, MGM Resorts International stock (MGM) does not pass the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. MGM Resorts International's interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for MGM Resorts International MGM stock?

MGM Resorts International (MGM) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If MGM Resorts International returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does MGM Resorts International MGM pass the AAOIFI Preference Share screen?

Yes, as of August 2026, MGM Resorts International stock (MGM) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. MGM Resorts International has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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العربية

MGM Resorts International

NYSE

Shariah-Compliant

Not Shariah

MGM

About

MGM Resorts International

MGM

MGM Resorts International operates as a global hospitality and entertainment company, known for its luxury accommodations, high-profile casino resorts, and vibrant live entertainment options. The company's primary function revolves around offering unparalleled leisure experiences through its integrated resort offerings, which include numerous world-renowned properties such as the Bellagio, MGM Grand, and Mandalay Bay located in Las Vegas. MGM Resorts International also extends its influence beyond gaming and hospitality with ventures into gastronomy, retail, and convention services, thereby impacting sectors like tourism, real estate, and gastronomy. The firm plays a significant role in the leisure and hospitality industry, both within the United States and internationally, with properties in Asia and plans for future developments. MGM Resorts is crucial for the economy of entertainment hubs, contributing to employment and regional economic activity. As a prominent player in the gaming and resort space, it continuously adapts to industry trends, such as leveraging digital solutions and expanding online gaming platforms, further cementing its standing in the dynamic landscape of global hospitality.

Sector:

Consumer Cyclical

Industry:

Resorts & Casinos

Employees:

60000

Website:

https://www.mgmresorts.com

MGM

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MGM Resorts International

About

MGM Resorts International

MGM

Frequently asked questions

Is MGM Resorts International MGM stock halal to invest in?

How often is MGM Resorts International MGM reviewed for Shariah compliance?

Does MGM Resorts International MGM pass the AAOIFI Non Permissible Income criteria?

Does MGM Resorts International MGM pass the AAOIFI Interest Bearing Investments criteria?

Does MGM Resorts International MGM pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for MGM Resorts International MGM stock?

Does MGM Resorts International MGM pass the AAOIFI Preference Share screen?

Can I buy MGM Resorts International (MGM) stock on Tabadulat?

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