MNLX – MiniLuxe Holding Corp

Not Compliant

MiniLuxe Holding Corp is not Shariah Compliant because it fails the financial ratios.

MiniLuxe Holding Corp. is a digital-first lifestyle brand and talent empowerment platform for the nail and waxing industry. The Company owns and operates nail and beauty salons and provides consumers with nail, hand, foot care, and waxing services, and sells personal beauty products. The Company operates through its talent and product segment. It also sells its own line of cruelty-free, nail and body care products, which can be purchased in-studio or via e-commerce. The Company is driven by a fully integrated digital platform that manages all client bookings, preferences and payments and provides designers with the ability to manage scheduling and client preferences, track their performance and compensation, and access training content. The Company operates a fleet of 20 fully owned and operated MiniLuxe / Paintbox studios (and 1 training center) as well as off-premises delivery (at residential, offices, and hospitality venues and events) through its MiniLuxe Anywhere offering.

AAOIFI ✗

Debt ÷ Market cap (MC)45.63
Non-Compliant Assets ÷ MC0.27

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