No. As of October 2026, HWK 1365 SE (9MQ.DU) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology. HWK 1365 SE does not fully pass Musaffa's business and financial screening criteria.
HWK 1365 SE engages in the provision of consulting, brokerage, and programming services. The company is headquartered in Cologne, Nordrhein-Westfalen. The company went IPO on 2021-07-06. The firm manufactures calendar rolls a product for the production of paper and cardboard. The company supplies its products to paper machine manufacturers and its product containerboard is the basis for the production of corrugated board and thus corrugated cardboard boxes. These products are used in a variety of ways packaging material in warehouses, as shipping boxes in online retail or as moving boxes. The Company’s another product carton board can be printed and coated and is often used as folding cartons for consumer goods such as cereals, frozen foods, cosmetics or pharmaceuticals, and sometimes for industrial packaging. In addition, it also markets for newsprint and paper for printing & writing.
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HWK 1365 SE 9MQ.DU
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Last Updated: Oct 06, 12:00 AM·XDUS
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9MQ.DU Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, HWK 1365 SE is classified as doubtful.
DOUBTFUL
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Financial Metrics & Statements of HWK 1365 SE (9MQ.DU)
FAQ's for HWK 1365 SE (9MQ.DU)
As of October 2026, HWK 1365 SE 9MQ.DU is classified as doubtful according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes HWK 1365 SE using these criteria to determine its compliance status.
Muslim investors may consider investing in HWK 1365 SE if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of HWK 1365 SE by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of HWK 1365 SE may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of HWK 1365 SE on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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