No. As of September 2026, Ernst Russ AG (HXCK.SG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Ernst Russ AG does not pass Musaffa's business and financial screening criteria.
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.
Ernst Russ AG HXCK.SG
€7.24 €0.10 (1.40%) 1D
Last Updated: Mar 13, 12:00 AM·XSTU
Pricing for DE stocks is delayed by 24 hours
HXCK.SG Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Ernst Russ AG is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Ernst Russ AG (HXCK.SG) Chart
Financial Metrics & Statements of Ernst Russ AG (HXCK.SG)
FAQ's for Ernst Russ AG (HXCK.SG)
As of September 2026, Ernst Russ AG HXCK.SG is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
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.
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.
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.
The Shariah compliance status of Ernst Russ AG may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
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.