Is HSS Hire Group PLC halal to invest in?

According to Musaffa's Shariah screening methodology, HSS Hire Group PLC (HSS.L) 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 HSS Hire Group 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 HSS Hire Group PLC using these criteria to determine its compliance status.

Can Muslims buy shares of HSS Hire Group PLC?

Muslim investors may consider investing in HSS Hire Group 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 HSS Hire Group PLC classified as NOT HALAL?

Musaffa determines the Shariah status of HSS Hire Group 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 HSS Hire Group PLC updated?

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

Can a halal stock like HSS Hire Group 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 HSS Hire Group PLC?

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

HSS Hire Group PLC HSS.L

GBX7.08 GBX0.10 (1.43%) 1D

Last Updated: Mar 13, 12:00 AM·LSE

HSS.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 30, 2024

Report Source: 2024 2nd Quarter Report

Analyst's Ratings for HSS Hire Group PLC (HSS.L)

Based on 9 analysts giving stock ratings to HSS Hire Group PLC in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

HSS Hire Group PLC. Stock Analysis HSS.L

United Kingdom Industrials Micro Cap Report: Q2, 2024

HSS Hire Group Plc is a holding company, which engages in the business of supplying and hiring equipment and associated services. The company is headquartered in Manchester, Lancashire and currently employs 1,982 full-time employees. The company went IPO on 2015-02-04. The firm's HSS ProService (Pro) business is a digital marketplace business focused on customer and supplier acquisition. This business is technology driven, scalable and differentiated. The firm offers a range of building services, including hire, resale, materials, training and more. The Hire Services Company (THSC) business provides tool and equipment hire and related services in the United Kingdom through a nationwide network of Group companies and third-party suppliers. The firm offers a one-stop shop for all equipment through a combination of its complementary rental and re-hire business to a diverse, predominantly business-to-business (B2B) customer base serving a range of end markets and activities.

Key Statistics of HSS Hire Group PLC (HSS.L)

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

Today's Range

GBX6.60GBX7.56

Today's Open

GBX6.98

Volume

1710.00

P/E Ratio (TTM)

52 Week Range

GBX5.00GBX10.95

Market Cap

6.65B

Avg. Volume

146.61K

Dividend Yield

4.89%

Financial Metrics & Statements of HSS Hire Group PLC (HSS.L)

FAQ's for HSS Hire Group PLC (HSS.L)

According to Musaffa’s Shariah screening methodology, HSS Hire Group PLC (HSS.L) 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.