MENE – Mene Inc

Not Compliant

Mene Inc is not Shariah Compliant because it fails the financial ratios.

Mene Inc. is a Canada-based company, which crafts 24 karat gold and platinum jewelry that is sold by gram weight. The Company designs, manufactures, and markets 24 karat gold and platinum jewelry under the brand name Mene. The Company retails its jewelry by gram weight direct-to-consumer through an online shopping experience. Its jewelry is crafted from gold and platinum, which is sourced from gold mines in Nevada, United States and Ontario, Canada. Its gold carries the coveted London Bullion Market’s Responsible Sourcing Certification. The Company provides bracelets, chains, earrings, medallions, pendants, rings, personal touch and precious objects. It has sold jewelry to customers in 50 States in the United States, 10 Canadian provinces, and approximately 60 countries, all without a single physical store.

AAOIFI ✗

Debt ÷ Market cap (MC)34.65
Non-Compliant Assets ÷ MC17.95

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