Is Heiq PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Heiq PLC (HEIQ.L) is currently classified as DOUBTFUL as of October 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 Heiq 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 Heiq PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Heiq PLC?

Muslim investors may consider investing in Heiq 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 Heiq PLC classified as DOUBTFUL?

Musaffa determines the Shariah status of Heiq 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 Heiq PLC updated?

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

Can a halal stock like Heiq 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 Heiq PLC?

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

Heiq PLC HEIQ.L

$4.50

Last Updated: Nov 18, 12:00 AM·LSE

HEIQ.L Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: October 02, 2024

Report Source: 2023 Annual Report

Heiq PLC. Stock Analysis HEIQ.L

United Kingdom Materials Nano Cap Report: 2023 Annual

HeiQ Plc engages in the development of technology in the antimicrobial fabrics and textile chemicals market. The Company’s products include textile technologies, coatings and polymers, probiotics, and finished goods. The company offers a full range of functional textile technologies to provide hygiene, comfort protection and resource efficiency. The company offers a specialized selection of surface coatings and polymers. The firm offers a range of goods enhanced with its patented probiotic technology for cosmetics, water treatment and cleaning products. The company also offers functional consumer goods for personal care, healthcare and lifestyle. The firm operates through four segments: Textiles & Flooring, Life Sciences, Antimicrobials, and Other activities. Textiles & Flooring segment provides ingredients to make textiles and flooring functional, durable and sustainable. Life Sciences segment offer biotech solutions to replace harmful substances in domestic, commercial and industrial usage, for a balanced microbiome and environment.

Key Statistics of Heiq PLC (HEIQ.L)

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

Today's Range

$4.50$5.00

Today's Open

$4.50

Volume

367.88K

P/E Ratio (TTM)

52 Week Range

$8.00$79.00

Market Cap

7.58M

Avg. Volume

2.09M

Dividend Yield

Financial Metrics & Statements of Heiq PLC (HEIQ.L)

FAQ's for Heiq PLC (HEIQ.L)

According to Musaffa’s Shariah screening methodology, Heiq PLC (HEIQ.L) is currently classified as DOUBTFUL as of October 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.