No. As of October 2026, Codex Acquisitions PLC (CODX.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Codex Acquisitions PLC does not pass Musaffa's business and financial screening criteria.
Codex Acquisitions PLC operates as a capital pool company. The firm is seeking suitable acquisition targets in the clean and renewable energy sector, with a particular focus on wind and solar generation assets. The firm has not generated revenue from the operations.
C
Codex Acquisitions PLC CODX.L
£5.50
Last Updated: Dec 20, 12:00 AM·LSE
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CODX.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Codex Acquisitions PLC is classified as not halal.
NOT HALAL
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FAQ's for Codex Acquisitions PLC (CODX.L)
As of October 2026, Codex Acquisitions PLC CODX.L is classified as not 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 Codex Acquisitions PLC using these criteria to determine its compliance status.
Muslim investors may consider investing in Codex Acquisitions 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 Codex Acquisitions 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 Codex Acquisitions 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 Codex Acquisitions 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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