Is XHLD halal?
TEN Holdings, Inc.
Not halal
TEN Holdings, Inc. did not pass AAOIFI screening. The failed check is shown below.
Checked: 16 October 2026
Exchange
NASDAQ
Price
0.4994
Day
+0.58%
Market cap
$6.0M
Industry
Broadcasting
Sector
Communication Services
What the company does
TEN Holdings (Pennsylvania; formerly The Events Network, brand Xyvid) runs corporate events: streaming and recording virtual, hybrid and in-person events, plus event planning and continuing-education services on its Xyvid Pro platform. Customers are businesses; revenue comes from event services, and the company is small and loss-making.
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 $430K ÷ 36-month average market cap $14.44M = 3.0%
3.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $5.83M ÷ 36-month average market cap $14.44M = 40.4%
40.4%
Fail
Non-compliant income / total revenue
limit 5%
—
No data
Figures from the company's filings (2026-06-30), 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. Today's market cap: $6.04M.
For information (AAOIFI 3/1 note): cash + receivables are 74.7% of total assets (2026-06-30). 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:
Virtual/gibrid/jismoniy tadbirlarni tashkil qilish, prodyuserlik va translyatsiya (Xyvid Pro platformasi) — B2B korporativ xizmat. 'Broadcasting' yorlig'i ostida media kompaniya emas
Halal stocks in the same industry
The largest halal stocks in Broadcasting — for comparison.
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- Halal investingBlogWhy a company's cash affects whether its stock is halalLots of cash sounds like a good sign — but halal screening checks it separately. What counts, what doesn't, and where we are stricter than AAOIFI.
- 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.