No. As of October 2026, Iconic Labs PLC (ICON.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Iconic Labs PLC does not pass Musaffa's business and financial screening criteria.
Iconic Labs Plc is a media and technology company, which engages in the identification, acquisition, and growth of technology driven businesses in online media, artificial intelligence, big data gathering, processing and analysis sectors. The firm is focused on the identification, acquisition, and growth of technology-driven companies in the online media, artificial intelligence, and big data gathering, processing and analysis sectors. The company provides an array of services across various sectors through the use of information and video gathering, data mining, just in-time processing, and online collaboration technology. Its sole asset is Gay Star News (GSN), an online media platform dedicated to the LGBTQ+ community.
Iconic Labs PLC ICON.L
GBX1.65 GBX0.13 (7.32%) 1D
Last Updated: Oct 09, 12:00 AM·LSE
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ICON.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Iconic Labs PLC is classified as not halal.
NOT HALAL
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Financial Metrics & Statements of Iconic Labs PLC (ICON.L)
FAQ's for Iconic Labs PLC (ICON.L)
As of October 2026, Iconic Labs PLC ICON.L 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 Iconic Labs PLC using these criteria to determine its compliance status.
Muslim investors may consider investing in Iconic Labs 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.
Musaffa determines the Shariah status of Iconic Labs PLC 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 Iconic Labs PLC 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 Iconic Labs PLC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.