Is Fat Prophets Global Contrarian Fund Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Fat Prophets Global Contrarian Fund Ltd (FPC.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 Fat Prophets Global Contrarian Fund Ltd 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 Fat Prophets Global Contrarian Fund Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Fat Prophets Global Contrarian Fund Ltd?

Muslim investors may consider investing in Fat Prophets Global Contrarian Fund Ltd 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 Fat Prophets Global Contrarian Fund Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Fat Prophets Global Contrarian Fund Ltd 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 Fat Prophets Global Contrarian Fund Ltd updated?

The Shariah compliance status of Fat Prophets Global Contrarian Fund Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Fat Prophets Global Contrarian Fund Ltd 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 Fat Prophets Global Contrarian Fund Ltd?

You can check the latest Shariah compliance status of Fat Prophets Global Contrarian Fund Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

FPC.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 15, 2024

Report Source: 2023 Annual Report

Fat Prophets Global Contrarian Fund Ltd. Stock Analysis FPC.AX

Australia N/A Nano Cap Report: 2023 Annual

Fat Prophets Global Contrarian Fund Ltd is a AU-based company operating in industry. The company is headquartered in Sydney, New South Wales. The company went IPO on 2017-03-22. Fat Prophets Global Contrarian Fund Limited is an Australia-based investment company. The Company’s principal activity is to invest predominantly in a concentrated portfolio of listed securities from global equity markets, with the objective of providing long-term capital growth. The Company’s investment strategy is to construct a leveraged portfolio made up of a concentrated number of positions across a range of asset classes using the most appropriate investment instrument. The Company’s investment manager is Fat Prophets Funds Management Pty Limited.

Key Statistics of Fat Prophets Global Contrarian Fund Ltd (FPC.AX)

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

Today's Range

AUD1.47AUD1.49

Today's Open

AUD1.49

Volume

12.40K

P/E Ratio (TTM)

6.09

52 Week Range

AUD0.97AUD1.75

Market Cap

42.26M

Avg. Volume

12.63K

Dividend Yield

Financial Metrics & Statements of Fat Prophets Global Contrarian Fund Ltd (FPC.AX)

FAQ's for Fat Prophets Global Contrarian Fund Ltd (FPC.AX)

According to Musaffa’s Shariah screening methodology, Fat Prophets Global Contrarian Fund Ltd (FPC.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.