Is Medtecs International Corporation Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Medtecs International Corporation Ltd (546.SI) is currently classified as HALAL as of January 2024. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Medtecs International Corporation Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Medtecs International Corporation Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Medtecs International Corporation Ltd?

Muslim investors may consider investing in Medtecs International Corporation Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Medtecs International Corporation Ltd classified as HALAL?

Musaffa determines the Shariah status of Medtecs International Corporation Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Medtecs International Corporation Ltd updated?

The Shariah compliance status of Medtecs International Corporation Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Medtecs International Corporation Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Medtecs International Corporation Ltd?

You can check the latest Shariah compliance status of Medtecs International Corporation Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Medtecs International Corporation Ltd 546.SI

SGD0.12

Last Updated: Apr 09, 12:00 AM·SGX

546.SI Shariah Compliance

Screening Methodology: AAOIFI

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Last Updated: January 27, 2024

Report Source: 2023 2nd Quarter Report

Analyst's Ratings for Medtecs International Corporation Ltd (546.SI)

Based on 7 analysts giving stock ratings to Medtecs International Corporation Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Medtecs International Corporation Ltd. Stock Analysis 546.SI

Singapore Health Care Micro Cap Report: Q2, 2023

Medtecs International Corp. Ltd. manufactures and distributes medical consumables for the global healthcare industry. The company is headquartered in Taipei City, Taipei. The firm is mainly engaged in the production and sales of medical consumables, instruments, medical textiles and nitrile gloves. The firm provides service for hospitals and hotels. The firm operates in Singapore, Taiwan, Philippines, mainland China, Cambodia and the United States.

Key Statistics of Medtecs International Corporation Ltd (546.SI)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

SGD0.12SGD0.12

Today's Open

SGD0.12

Volume

5.52M

P/E Ratio (TTM)

52 Week Range

SGD0.10SGD0.15

Market Cap

68.85M

Avg. Volume

2.11M

Dividend Yield

Financial Metrics & Statements of Medtecs International Corporation Ltd (546.SI)

Community-Curated Collections with Medtecs International Corporation Ltd (546.SI) ( With 546.SI )

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Community-Curated Collections are thoughtfully selected groups of stocks or assets, curated by investors and experts based on shared themes, values, or investment strategies.

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FAQ's for Medtecs International Corporation Ltd (546.SI)

According to Musaffa’s Shariah screening methodology, Medtecs International Corporation Ltd (546.SI) is currently classified as HALAL as of January 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.