Enthusiast Gaming Holdings Inc

EGLX.TO

Not Compliant
Exchange
Sector
Headquarters
Group
The Toronto Stock Exchange
Technology
Canada
Micro cap

Enthusiast Gaming Holdings Inc is not Shariah Compliant because of its involvement in Media and Entertainment and related activities.

0.73%

Impure Income*

-

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Micro cap
BUY
$0.217092409
$0.22
$0.22
1
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-31.96%
-8.21%
-132.27%
0.00
0.30
-175.75%

Shariah Compliance

  • Updated on September 24, 2025
Debt
100%
✗
Non-Compliant Assets
✓
Impure Income
0.73%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
59.03%
✗
Impure Income
0.73%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
100%
✗
Impure Income
0.73%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
55.61%
✗
Cash
0.53%
✓
Cash & AR
7.68%
✓
Impure Income
0.73%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
55.61%
✗
Cash
0.53%
✓
Cash & AR
7.68%
✓
Impure Income
0.73%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
0.73%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Enthusiast Gaming Holdings Inc. is a gaming media and entertainment company. The Company operates in one industry segment, being digital media and entertainment. Its principal business activities comprise media and content, entertainment and subscriptions. Its digital media platform includes its flagship video gaming-related, owned and operated Websites and casual games. Its entertainment business includes Pocket Gamer Connects, a global mobile gaming events series. Its subscription revenue includes owned and operated video gaming related Websites, such as The Sims Resource. Its portfolio of digital assets includes gaming properties, such as U.GG, Icy-Veins, TheSimsResource, Addicting Games, PocketGamer, Fantasy Football Scout, GameKnot, PoE-Vault, ProBuildStats, TrackLock.gg, EV.IO, Arcade Cloud, and The Countdown, among others. As part of its business-to-business events, the Company hosts a Pocket Gamer Party, Top 50 Developer Guide, Mobile Mixers and the Mobile Games Awards.

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