Bytes Technology Group PLC BYITY
$11.25
Last Updated: Jul 14, 12:00 AM·OOTC
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BYITY Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Bytes Technology Group PLC is classified as halal.
HALAL
Report Source: undefined Quarter Report
Bytes Technology Group PLC. Stock Analysis BYITY
United States Information Technology Small Cap Bytes Technology Group Plc engages in the provision of IT software offerings and solutions. The company is headquartered in Leatherhead, Surrey and currently employs 1,245 full-time employees. The company went IPO on 2020-12-11. The firm enables technology sourcing, adoption, and management across software services, including in the areas of security, cloud and AI solutions. Its solutions comprise two brands: Bytes Software Services (BSS) and Phoenix Software (Phoenix). Bytes Software Services has a customer base that is made up of both private sector customers and public sector customers, whilst Phoenix's focus is on public sector customers. Its cyber security services include Managed Microsoft Sentinel, Managed Firewall Protection, Managed Endpoint Detection & Response, Managed Vulnerability Management, Bytes Incident Response and Penetration Testing & Assurance Services. Its modern workplace services include Managed Workspace, Bytes FastTrack Service, and Skills, Adoption and Change Management.
Bytes Technology Group PLC (BYITY) Chart
Financial Metrics & Statements of Bytes Technology Group PLC (BYITY)
FAQ's for Bytes Technology Group PLC (BYITY)
- As of August 2026, Bytes Technology Group PLC BYITY is classified as halal 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 Bytes Technology Group PLC using these criteria to determine its compliance status.
- Muslim investors may consider investing in Bytes Technology Group 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.
- Musaffa determines the Shariah status of Bytes Technology Group PLC 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 Bytes Technology Group PLC 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 Bytes Technology Group PLC 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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