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Maschinenfabrik Heid AG HED.VI

Last Updated: Apr 22, 12:00 AM·WBAG

HED.VI Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 24, 2024

Report Source: 2024 2nd Quarter Report

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Maschinenfabrik Heid AG. Stock Analysis HED.VI

Austria Industrials Nano Cap Report:
Maschinenfabrik HEID AG engages in the wholesale distribution of machinery and spare parts for lathes. The firm's portfolio includes machine tool manufacturing, wholesale of machines, service and spare parts for lathes and investments in companies. The company is also engaged in real estate marketing and rental and leasing activities. DVS Technology AG (Diskus) is the holding company for several machine tool factories. DVS Technology GmbH generates income from the rental of machines as well as investments in other companies. The firm no longer manufactures machines so no pollutants are produced during production emissions. WMS Sinsheim GmbH's activities continues to be the service and modernization of special machines as well as in the sales of machines from the DVS Group (adaptive designs and service).
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Shariah Compliance Report

An extensive business and financial screening of the company which specifies why a stock is halal or haram!

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