Is Pferdewetten de AG halal to invest in?

According to Musaffa's Shariah screening methodology, Pferdewetten de AG (EMH.DE) is currently classified as NOT HALAL 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 Pferdewetten de 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 Pferdewetten de AG using these criteria to determine its compliance status.

Can Muslims buy shares of Pferdewetten de AG?

Muslim investors may consider investing in Pferdewetten de 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 Pferdewetten de AG classified as NOT HALAL?

Musaffa determines the Shariah status of Pferdewetten de 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 Pferdewetten de AG updated?

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

Can a halal stock like Pferdewetten de 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 Pferdewetten de AG?

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

Pferdewetten de AG EMH.DE

€2.96

Last Updated: May 15, 12:00 AM·XETRA

EMH.DE Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 16, 2024

Report Source: 2024 2nd Quarter Report

Analyst's Ratings for Pferdewetten de AG (EMH.DE)

Based on 5 analysts giving stock ratings to Pferdewetten de AG in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Pferdewetten de AG. Stock Analysis EMH.DE

Germany Consumer Discretionary Nano Cap Report: Q2, 2024

pferdewetten.de AG engages in the provision of acquisition, holding, management and sale of companies with interests in the operation and organization of sports and horse race betting. The firm is represented through its flagship Website pferdewetten.de. The firm offers bets on Trotting and Race at fixed rates or at variable rates. The range extends from betting on German gallop and trotting races up to the English, French and other international horse races. The respective bets are held by their own bookmakers in the Company or passed on to the racing associations and independent bookmakers. The firm also offers sports betting via the domain sportwetten.de. In addition, the Company provides a range of individual consulting and training services, as well as server services, Website development, video streaming, payment systems, content management and shop solutions.

Key Statistics of Pferdewetten de AG (EMH.DE)

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

Today's Range

€2.92€2.96

Today's Open

€2.96

Volume

4101.00

P/E Ratio (TTM)

52 Week Range

€2.18€3.73

Market Cap

28.58M

Avg. Volume

7481.59

Dividend Yield

Financial Metrics & Statements of Pferdewetten de AG (EMH.DE)

FAQ's for Pferdewetten de AG (EMH.DE)

According to Musaffa’s Shariah screening methodology, Pferdewetten de AG (EMH.DE) is currently classified as NOT HALAL 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.