Is Hoevelrat Holding AG halal to invest in?

According to Musaffa's Shariah screening methodology, Hoevelrat Holding AG (C9T.HM) is currently classified as DOUBTFUL as of September 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 Hoevelrat Holding AG 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 Hoevelrat Holding AG using these criteria to determine its compliance status.

Can Muslims buy shares of Hoevelrat Holding AG?

Muslim investors may consider investing in Hoevelrat Holding AG 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 Hoevelrat Holding AG classified as DOUBTFUL?

Musaffa determines the Shariah status of Hoevelrat Holding AG 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 Hoevelrat Holding AG updated?

The Shariah compliance status of Hoevelrat Holding AG may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Hoevelrat Holding AG 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 Hoevelrat Holding AG?

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

Hoevelrat Holding AG C9T.HM

€6.90 €0.60 (9.52%) 1D

Last Updated: May 13, 12:00 AM·HAM

C9T.HM Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: September 17, 2024

Report Source: 2023 Annual Report

Hoevelrat Holding AG. Stock Analysis C9T.HM

Germany Financials Nano Cap Report: 2023 Annual

HÖVELRAT Holding AG engages in the provision of asset management and financial services. The company is headquartered in Hamburg, Hamburg and currently employs 7 full-time employees. The company went IPO on 2005-12-21. The customers' accounts and depots are managed by the Bank's partner banks. Furthermore, it manages the diversified investment fund Wachstum Global I. The Bank owns Proaktiva AG, which is engaged in the provision of investment intermediation and financial portfolio management services, among others, as well as Andreas Meissner Vermoegensmanagement GmbH.

Key Statistics of Hoevelrat Holding AG (C9T.HM)

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

Today's Range

€6.30€6.90

Today's Open

€6.30

Volume

980.00

P/E Ratio (TTM)

52 Week Range

€6.20€11.60

Market Cap

15.11M

Avg. Volume

1397.14

Dividend Yield

Financial Metrics & Statements of Hoevelrat Holding AG (C9T.HM)

FAQ's for Hoevelrat Holding AG (C9T.HM)

According to Musaffa’s Shariah screening methodology, Hoevelrat Holding AG (C9T.HM) is currently classified as DOUBTFUL as of September 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.