Is HanseYachts AG halal to invest in?

According to Musaffa's Shariah screening methodology, HanseYachts AG (H9Y.HM) 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 HanseYachts 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 HanseYachts AG using these criteria to determine its compliance status.

Can Muslims buy shares of HanseYachts AG?

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

Musaffa determines the Shariah status of HanseYachts 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 HanseYachts AG updated?

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

Can a halal stock like HanseYachts 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 HanseYachts AG?

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

HanseYachts AG H9Y.HM

€0.74 €0.02 (2.78%) 1D

Last Updated: May 12, 12:00 AM·HAM

H9Y.HM Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 16, 2024

Report Source: 2024 2nd Quarter Report

HanseYachts AG. Stock Analysis H9Y.HM

Germany Consumer Discretionary Nano Cap Report: Q2, 2024

HanseYachts AG engages in the development, production, and sale of sea-going sailing yachts. The firm's business is organized into two segments: Sailing Yachts and Motor Yachts. The Sailing Yachts segment offers cruising yachts under the HANSE brand, deck-salon or classically designed cruisers under the MOODY brand, as well as cruiser-racers under the DEHLER brand and VA brand . The Motor Yacht segment manufacturers motor yachts under the Fjord brand name, where all models are open motor boats designed with a small cabin, as well as under the Sealine brand with sport coupe or classic fly bridge models.

Key Statistics of HanseYachts AG (H9Y.HM)

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

Today's Range

€0.72€0.74

Today's Open

€0.72

Volume

70.00

P/E Ratio (TTM)

52 Week Range

€0.65€1.60

Market Cap

14.29M

Avg. Volume

812.15

Dividend Yield

Financial Metrics & Statements of HanseYachts AG (H9Y.HM)

FAQ's for HanseYachts AG (H9Y.HM)

According to Musaffa’s Shariah screening methodology, HanseYachts AG (H9Y.HM) 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.