Is MB halal?
MasterBeef Group
Doubtful
No clear verdict is possible for MasterBeef Group — data is insufficient or the case is contested in fiqh. As a precaution it is NOT included in the halal list.
Checked: 15 October 2026
Exchange
NASDAQ
Price
4.04
Day
-9.21%
Market cap
$69.0M
Industry
Restaurants
Sector
Consumer Cyclical
Manually identified reason
Automatic screening reads the industry label, not what's inside. This company's filings were checked by hand and a hidden prohibited activity was found:
Doubtful: pork and alcohol at hotpot/BBQ buffets — share not disclosed (MasterBeef)
What the company does
MasterBeef Group (Hong Kong, 2019) runs Taiwanese-style hotpot and barbecue restaurants (Master Beef, Anping Grill) and gelato shops. Revenue comes from dining and sales of packaged soup bases.
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
Doubtful: pork and alcohol at hotpot/BBQ buffets — share not disclosed (MasterBeef)
Interest-bearing debt / market cap
limit 30%
39.0%
Fail
Cash & investments / market cap
limit 30%
27.3%
Pass
Non-compliant income / total revenue
limit 5%
0.1%
Pass
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Restaurants — for comparison.
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- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
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.