Is Elanor Investors Group halal to invest in?

According to Musaffa's Shariah screening methodology, Elanor Investors Group (ENN.AX) is currently classified as NOT HALAL as of February 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 Elanor Investors Group 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 Elanor Investors Group using these criteria to determine its compliance status.

Can Muslims buy shares of Elanor Investors Group?

Muslim investors may consider investing in Elanor Investors Group 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 Elanor Investors Group classified as NOT HALAL?

Musaffa determines the Shariah status of Elanor Investors Group 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 Elanor Investors Group updated?

The Shariah compliance status of Elanor Investors Group may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Elanor Investors Group 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 Elanor Investors Group?

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

ENN.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 09, 2024

Report Source: 2023 Annual Report

Elanor Investors Group. Stock Analysis ENN.AX

Australia Consumer Discretionary Micro Cap Report: 2023 Annual

Elanor Investors Group engages in providing investment and funds management services. The company is headquartered in Sydney, New South Wales. The company went IPO on 2014-07-11. The company is focused on acquiring and unlocking value in real estate assets to deliver superior risk-adjusted returns for its capital partners. Its segments include Funds Management, Hotels, Tourism and Leisure, Retail, Commercial Office and Healthcare. The Fund Management segment manages third-party owned investment funds and syndicates. Hotels, Tourism and Leisure segment originates and manages investment and fund management assets. The Retail segment originates and manages investment and fund management assets in the retail real estate sector. Commercial Office segment originates and manages investment and fund management assets in the commercial office real estate sector. Healthcare segment originates and manages investment and fund management assets in the healthcare real estate sector. Its investment portfolio includes Elanor Commercial Property Fund, Hunters Plaza Syndicate, 1834 Hospitality, and others.

Key Statistics of Elanor Investors Group (ENN.AX)

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

Today's Range

AUD0.82AUD0.84

Today's Open

AUD0.84

Volume

14.02K

P/E Ratio (TTM)

52 Week Range

AUD1.17AUD1.85

Market Cap

124.81M

Avg. Volume

7317.43

Dividend Yield

Financial Metrics & Statements of Elanor Investors Group (ENN.AX)

FAQ's for Elanor Investors Group (ENN.AX)

According to Musaffa’s Shariah screening methodology, Elanor Investors Group (ENN.AX) is currently classified as NOT HALAL as of February 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.