10NC.L Shariah Compliance
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PhosAgro PAO. Stock Analysis 10NC.L
PhosAgro PJSC is a holding company, which engages in the production and supply of mineral fertilizers, phosphate rock, monocalcium feed phosphate, ammophose and diammonium phosphates, apatite concentrate, and nepheline concentrate. The company is headquartered in Moscow, Moscow. The company went IPO on 2012-03-26. The firm focuses on the production of phosphate-based fertilizers, feed phosphate and high-grade phosphate rock, as well as ammonia and nitrogen-based fertilizers. PhosAgro PAO operates through three plants located domestically in Kirovsk, Cherepovets and Balakovo. The company has numerous subsidiaries, including FosAgro-Trans AO, PhosAgro-Region OOO and Metachem AO. The firm is active on the territory of the Russian Federation and abroad, including: Asia, Europe, Africa and the Commonwealth of Independent States (CIS) countries, among others.
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Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.