Is Ilika PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Ilika PLC (IKA.L) is currently classified as NOT HALAL as of October 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 Ilika 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 Ilika PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Ilika PLC?

Muslim investors may consider investing in Ilika 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 Ilika PLC classified as NOT HALAL?

Musaffa determines the Shariah status of Ilika 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 Ilika PLC updated?

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

Can a halal stock like Ilika 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 Ilika PLC?

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

Ilika PLC IKA.L

GBX34.08 GBX1.25 (3.54%) 1D

Last Updated: May 15, 12:00 AM·LSE

IKA.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 08, 2025

Report Source: 2025 Annual Report

Analyst's Ratings for Ilika PLC (IKA.L)

Based on 9 analysts giving stock ratings to Ilika PLC in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Ilika PLC. Stock Analysis IKA.L

United Kingdom Industrials Micro Cap Report: 2025 Annual

Ilika Plc engages in the production, design, manufacture and development of solid state batteries. The company is headquartered in Romsey, Hampshire and currently employs 70 full-time employees. The company went IPO on 2010-05-14. The company focuses on developing intellectual property (IP), manufacture and license solid state batteries for markets that cannot be addressed with conventional batteries due to their safety, charge rates, energy density and life limits. The company has two product lines: Stereax miniature SSBs for powering medical devices and industrial wireless sensors in specialist environments, and large-format Goliath SSBs for EVs and cordless appliances. Stereax enables disruptive product designers looking for a long life (1000s recharges), low leakage (nA) and miniature power sources with a rectangular form factor similar to integrated circuits (ICs). Goliath is a solid state battery technology for EVs and cordless consumer electronics.

Key Statistics of Ilika PLC (IKA.L)

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

Today's Range

GBX34.08GBX35.88

Today's Open

GBX35.33

Volume

7999.00

P/E Ratio (TTM)

52 Week Range

GBX24.00GBX50.60

Market Cap

6.06B

Avg. Volume

119.39K

Dividend Yield

Financial Metrics & Statements of Ilika PLC (IKA.L)

FAQ's for Ilika PLC (IKA.L)

According to Musaffa’s Shariah screening methodology, Ilika PLC (IKA.L) is currently classified as NOT HALAL as of October 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.