Is Thames Water Utilities Finance PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Thames Water Utilities Finance PLC (94NA.L) is currently classified as NOT HALAL as of April 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 Thames Water Utilities Finance PLC 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 Thames Water Utilities Finance PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Thames Water Utilities Finance PLC?

Muslim investors may consider investing in Thames Water Utilities Finance PLC 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 Thames Water Utilities Finance PLC classified as NOT HALAL?

Musaffa determines the Shariah status of Thames Water Utilities Finance PLC 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 Thames Water Utilities Finance PLC updated?

The Shariah compliance status of Thames Water Utilities Finance PLC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Thames Water Utilities Finance PLC 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 Thames Water Utilities Finance PLC?

You can check the latest Shariah compliance status of Thames Water Utilities Finance PLC on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Thames Water Utilities Finance PLC 94NA.L

£72.32

Last Updated: May 01, 12:00 AM·LSE

94NA.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 19, 2024

Report Source: 2024 2nd Quarter Report

Thames Water Utilities Finance PLC. Stock Analysis 94NA.L

United Kingdom N/A Nano Cap Report: Q2, 2024

Thames Water Utilities Finance PLC is a GB-based company operating in industry. The company is headquartered in Reading, Berkshire. The company went IPO on 2020-11-24. Thames Water Utilities Finance PLC is a United Kingdom-based company. The principal activity of the Company is to act as a financing company to its immediate parent company, Thames Water Utilities Limited (TWUL).

Key Statistics of Thames Water Utilities Finance PLC (94NA.L)

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

Today's Range

£72.18£72.18

Today's Open

£72.32

Volume

P/E Ratio (TTM)

52 Week Range

£67.90£75.57

Market Cap

Avg. Volume

2810.95

Dividend Yield

Financial Metrics & Statements of Thames Water Utilities Finance PLC (94NA.L)

FAQ's for Thames Water Utilities Finance PLC (94NA.L)

According to Musaffa’s Shariah screening methodology, Thames Water Utilities Finance PLC (94NA.L) is currently classified as NOT HALAL as of April 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.