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Shariah compliance overview

Not Halal

Monarch Casino & Resort, Inc. (MCRI) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Monarch Casino & Resort, Inc.

Monarch Casino & Resort, Inc. (MCRI) is a company that, through its various subsidiaries, owns and manages two prominent hotel and casino destinations: the Atlantis Casino Resort Spa in Reno, Nevada, and the Monarch Casino Resort Spa Black Hawk located in Black Hawk, Colorado.

Monarch Casino & Resort, Inc. (MCRI) operates in the Consumer Cyclical sector, in the Gambling, Resorts & Casinos industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

Business Activity
57.72%Limit 5%Fail
Interest-bearing debt
0.81%Limit 30%Pass
Interest-bearing securities and assets
5.87%Limit 30%Pass
Dividend purification
57.72%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Monarch Casino & Resort, Inc. (MCRI). Current Akinda screening label: Not Halal.