Is GCL halal?
GCL Global Holdings Ltd
Not halal
GCL Global Holdings Ltd did not pass AAOIFI screening. The failed check is shown below.
Checked: 13 October 2026
Exchange
NASDAQ
Price
0.8711
Day
+4.65%
Market cap
$108.2M
Industry
Electronic Gaming & Multimedia
Sector
Communication Services
What the company does
GCL Global (Epicsoft Asia) distributes and publishes video games in Southeast Asia and China, bringing titles from Take-Two, SEGA, CD Projekt and WB Games to stores and digital platforms. Its money comes from game sales.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $54.45M ÷ current market cap $108.18M = 50.3%
50.3%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $19.15M ÷ current market cap $108.18M = 17.7%
17.7%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
Figures from the company's filings (2025-09-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict.
For information (AAOIFI 3/1 note): cash + receivables are 31.8% of total assets (2025-09-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
Manually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 13 August 2026. Conclusion:
Video o'yin DISTRIBUTSIYASI va nashri (Epicsoft — Take-Two, CD Projekt, SEGA, WB Games uchun SEA/Xitoy distribyutori) + IT jihoz (Ban Leong, 2026 daromadning 52%i). O'zi qimor mexanikasidan daromad OLMAYDI — loot box daromadi nashriyotniki (qiyos: EA DOUBTFUL, chunki u ~25% ni O'ZI oladi)
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.