Is Ernst Russ AG halal to invest in?

According to Musaffa's Shariah screening methodology, Ernst Russ AG (HXCK.DE) is currently classified as NOT HALAL as of July 2025. 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 Ernst Russ 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 Ernst Russ AG using these criteria to determine its compliance status.

Can Muslims buy shares of Ernst Russ AG?

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

Musaffa determines the Shariah status of Ernst Russ 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 Ernst Russ AG updated?

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

Can a halal stock like Ernst Russ 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 Ernst Russ AG?

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

Ernst Russ AG HXCK.DE

€8.32 €0.06 (0.72%) 1D

Last Updated: May 15, 12:00 AM·XETRA

HXCK.DE Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 23, 2025

Report Source: 2024 Annual Report

Ernst Russ AG. Stock Analysis HXCK.DE

Germany Financials Micro Cap Report: 2024 Annual

Ernst Russ AG is an international shipping company and maritime investment manager. The company is headquartered in Hamburg, Hamburg and currently employs 72 full-time employees. The company went IPO on 2005-10-06. The company provides asset management, investment management and shipping company management services. Within the asset management activities, the Company designs and implements alternative investment funds (AIF) for private customers and professional customers, such as banks, funds, family offices and foundations. The firm also provides fiduciary services, including data management, management of escrow accounts and settlement of share transfers in the context of full and partial legal succession. The shipping company management service portfolio comprises selection of ship portfolios, technical services and sales.

Key Statistics of Ernst Russ AG (HXCK.DE)

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

Today's Range

€8.32€8.38

Today's Open

€8.38

Volume

71.00

P/E Ratio (TTM)

5.52

52 Week Range

€4.85€8.10

Market Cap

235.15M

Avg. Volume

1347.44

Dividend Yield

43.54%

Financial Metrics & Statements of Ernst Russ AG (HXCK.DE)

FAQ's for Ernst Russ AG (HXCK.DE)

According to Musaffa’s Shariah screening methodology, Ernst Russ AG (HXCK.DE) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.