Is Amati AIM VCT PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Amati AIM VCT PLC (AMAT.L) is currently classified as NOT HALAL as of July 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 Amati AIM VCT 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 Amati AIM VCT PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Amati AIM VCT PLC?

Muslim investors may consider investing in Amati AIM VCT 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 Amati AIM VCT PLC classified as NOT HALAL?

Musaffa determines the Shariah status of Amati AIM VCT 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 Amati AIM VCT PLC updated?

The Shariah compliance status of Amati AIM VCT PLC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Amati AIM VCT 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 Amati AIM VCT PLC?

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

Amati AIM VCT PLC AMAT.L

GBX58.00

Last Updated: May 12, 12:00 AM·LSE

AMAT.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 22, 2024

Report Source: 2024 Annual Report

Amati AIM VCT PLC. Stock Analysis AMAT.L

United Kingdom N/A Micro Cap Report: 2024 Annual

Amati AIM VCT PLC is a GB-based company operating in industry. Amati AIM VCT plc is a United Kingdom-based venture capital trust (VCT). The investment objective of the Company is to generate tax-free capital gains and income on investors’ funds through investments primarily in Alternative Investment Market (AIM)-traded companies. The firm's investment policy is to hold a diversified portfolio across a broad range of sectors to mitigate risk. The firm operates through the investment business segment. The firm primarily invests in companies listed in the United Kingdom. The company makes qualifying investments primarily in companies traded on AIM or on the Aquis stock exchange (Aquis) and non-qualifying investments. The firm invests in various sectors, such as information technology, healthcare, consumer discretionary, financials, communication services, energy, materials, industrials, real estate, cash, and consumer staples. The Company’s investments are managed by Amati Global Investors Limited.

Key Statistics of Amati AIM VCT PLC (AMAT.L)

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

Today's Range

GBX58.00GBX58.00

Today's Open

GBX58.00

Volume

19.93K

P/E Ratio (TTM)

52 Week Range

GBX56.01GBX71.98

Market Cap

10.33B

Avg. Volume

16.81K

Dividend Yield

10.26%

Financial Metrics & Statements of Amati AIM VCT PLC (AMAT.L)

FAQ's for Amati AIM VCT PLC (AMAT.L)

According to Musaffa’s Shariah screening methodology, Amati AIM VCT PLC (AMAT.L) is currently classified as NOT HALAL as of July 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.