Is Gulf Investment Fund PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Gulf Investment Fund PLC (GIF.L) is currently classified as DOUBTFUL as of January 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 Gulf Investment Fund 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 Gulf Investment Fund PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Gulf Investment Fund PLC?

Muslim investors may consider investing in Gulf Investment Fund 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 Gulf Investment Fund PLC classified as DOUBTFUL?

Musaffa determines the Shariah status of Gulf Investment Fund 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 Gulf Investment Fund PLC updated?

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

Can a halal stock like Gulf Investment Fund 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 Gulf Investment Fund PLC?

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

Gulf Investment Fund PLC GIF.L

$2.26

Last Updated: Oct 29, 12:00 AM·LSE

GIF.L Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: January 06, 2024

Report Source: 2023 Annual Report

Gulf Investment Fund PLC. Stock Analysis GIF.L

United Kingdom N/A Micro Cap Report: 2023 Annual

Gulf Investment Fund PLC is a IM-based company operating in industry. Gulf Investment Fund plc (the Fund) is an Isle of Man-based closed-ended investment company, which focuses on Gulf Co-operation Council (GCC) countries. The Gulf Cooperation Council region comprises: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The Fund’s investment objective is to capture the opportunities for growth offered by the expanding GCC economies by investing, through its wholly owned subsidiary, in listed or soon to be listed companies on one of the GCC exchanges. The Fund invests in industries such as energy, industrials, financials, healthcare, real estate, among others. Its holdings comprise Qatar Gas Transport, Qatar Navigation, Saudi National Bank, Middle East Healthcare Company, Integrated Holding Company, among others. The Fund’s investment advisor is Qatar Insurance Company S.A.Q. Its subsidiary is Epicure Qatar Opportunities Holdings Limited.

Key Statistics of Gulf Investment Fund PLC (GIF.L)

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

Today's Range

$2.26$2.26

Today's Open

$2.26

Volume

P/E Ratio (TTM)

5.35

52 Week Range

$1.84$2.52

Market Cap

88.02M

Avg. Volume

45.04K

Dividend Yield

Financial Metrics & Statements of Gulf Investment Fund PLC (GIF.L)

FAQ's for Gulf Investment Fund PLC (GIF.L)

According to Musaffa’s Shariah screening methodology, Gulf Investment Fund PLC (GIF.L) is currently classified as DOUBTFUL as of January 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.