Is Develop North PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Develop North PLC (DVNO.L) is currently classified as NOT HALAL as of July 2025. 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 Develop North 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 Develop North PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Develop North PLC?

Muslim investors may consider investing in Develop North 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 Develop North PLC classified as NOT HALAL?

Musaffa determines the Shariah status of Develop North 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 Develop North PLC updated?

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

Can a halal stock like Develop North 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 Develop North PLC?

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

Develop North PLC DVNO.L

GBX76.58 GBX1.50 (1.92%) 1D

Last Updated: May 15, 12:00 AM·LSE

DVNO.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 02, 2025

Report Source: 2024 Annual Report

Develop North PLC. Stock Analysis DVNO.L

United Kingdom Financials Nano Cap Report: 2024 Annual

Develop North PLC is a GB-based company operating in Financial Services industry. The company employs 1 full-time employees The company went IPO on 2017-01-24. Develop North PLC is a United Kingdom-based closed end investment company, which specializes in providing finance to the residential and commercial property sector. The firm provides debt finance to the property sector. With a focus on the North of England and Scotland, it offers finance solutions of between £0.5 million and £5 million to credible and professional developers across residential and commercial sectors. The firm's investment objective is to provide shareholders with a consistent and stable income and the potential for an attractive total return over the medium to long term. The company seeks to achieve its investment objective through a diversified portfolio of fixed rate loans predominantly secured over land and/or property in the United Kingdom. The company retains absolute discretion to make investments for either shorter or longer periods. Its projects include Kenley Homes, Horizon Cremation, Bede Homes and Calmont Homes. The firm's investment adviser is Tier One Capital Ltd.

Key Statistics of Develop North PLC (DVNO.L)

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

Today's Range

GBX73.00GBX78.08

Today's Open

GBX78.08

Volume

2400.00

P/E Ratio (TTM)

48.23

52 Week Range

GBX63.00GBX86.00

Market Cap

1.98B

Avg. Volume

6708.18

Dividend Yield

4.99%

Financial Metrics & Statements of Develop North PLC (DVNO.L)

FAQ's for Develop North PLC (DVNO.L)

According to Musaffa’s Shariah screening methodology, Develop North PLC (DVNO.L) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.