Is City of London Investment Trust PLC halal to invest in?

According to Musaffa's Shariah screening methodology, City of London Investment Trust PLC (CTY.L) is currently classified as NOT HALAL as of March 2026. 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 City of London Investment Trust 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 City of London Investment Trust PLC using these criteria to determine its compliance status.

Can Muslims buy shares of City of London Investment Trust PLC?

Muslim investors may consider investing in City of London Investment Trust 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 City of London Investment Trust PLC classified as NOT HALAL?

Musaffa determines the Shariah status of City of London Investment Trust 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 City of London Investment Trust PLC updated?

The Shariah compliance status of City of London Investment Trust PLC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like City of London Investment Trust 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 City of London Investment Trust PLC?

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

City of London Investment Trust PLC CTY.L

GBX548.88 GBX3.00 (0.55%) 1D

Last Updated: May 15, 12:00 AM·LSE

CTY.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 23, 2026

Report Source: 2026 2nd Quarter Report

Analyst's Ratings for City of London Investment Trust PLC (CTY.L)

Based on 9 analysts giving stock ratings to City of London Investment Trust PLC in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

City of London Investment Trust PLC. Stock Analysis CTY.L

United Kingdom N/A Mid Cap Report: Q2, 2026

City of London Investment Trust PLC is a GB-based company operating in industry. The City of London Investment Trust PLC is a United Kingdom-based closed-end investment company. The Company’s objective is to provide long-term growth in income and capital, principally by investment in equities listed on the London Stock Exchange. The firm seeks to invest in equities and in debt securities, such as convertibles, corporate bonds or government debt. The company invests in various sectors, including financials, consumer staples, industrials, energy, healthcare, consumer discretionary, utilities, basic materials, telecommunications, real estate, and technology. The firm's alternative investment fund manager is Janus Henderson Fund Management UK Limited. Janus Henderson Group plc is the investment manager of the Company.

Key Statistics of City of London Investment Trust PLC (CTY.L)

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

Today's Range

GBX543.00GBX548.88

Today's Open

GBX545.88

Volume

443.69K

P/E Ratio (TTM)

28.23

52 Week Range

GBX467.00GBX586.00

Market Cap

291.02B

Avg. Volume

205.71K

Dividend Yield

5.07%

Financial Metrics & Statements of City of London Investment Trust PLC (CTY.L)

FAQ's for City of London Investment Trust PLC (CTY.L)

According to Musaffa’s Shariah screening methodology, City of London Investment Trust PLC (CTY.L) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.