Is Limitless Earth PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Limitless Earth PLC (LME.L) is currently classified as NOT HALAL as of October 2023. 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 Limitless Earth 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 Limitless Earth PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Limitless Earth PLC?

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

Musaffa determines the Shariah status of Limitless Earth 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 Limitless Earth PLC updated?

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

Can a halal stock like Limitless Earth 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 Limitless Earth PLC?

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

Limitless Earth PLC LME.L

GBX2.00

Last Updated: Nov 22, 12:00 AM·LSE

LME.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 24, 2023

Report Source: 2023 Annual Report

Limitless Earth PLC. Stock Analysis LME.L

United Kingdom Financials Micro Cap Report: 2023 Annual

Limitless Earth Plc operates as an investment company, which focuses on the creation of a portfolio of companies whose growth and success is linked to the worlds changing demographic situation. The company is headquartered in Barnet, Hertfordshire and currently employs 0 full-time employees. The company went IPO on 2014-05-12. The firm is focused on making investments in and assisting companies that show potential to generate returns through capital appreciation. The firm is engaged in investment in companies or assets in the natural resources, agribusiness sectors, information technology and blockchain sector. The company invests in various sectors, including cleantech, life sciences and technology. The firm has interests in four investments, including Saxa Gres S.p.A, V-Nova International Ltd., Chronix Biomedical, Inc. and Exogenesis Corporation. The firm invests in small companies where there are clear catalysts for value appreciation and the companies are operating in sectors exhibiting long term growth linked to demographic change.

Key Statistics of Limitless Earth PLC (LME.L)

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

Today's Range

GBX2.00GBX2.00

Today's Open

GBX2.00

Volume

P/E Ratio (TTM)

52 Week Range

GBX2.00GBX5.10

Market Cap

15.62B

Avg. Volume

725.48

Dividend Yield

Financial Metrics & Statements of Limitless Earth PLC (LME.L)

FAQ's for Limitless Earth PLC (LME.L)

According to Musaffa’s Shariah screening methodology, Limitless Earth PLC (LME.L) is currently classified as NOT HALAL as of October 2023. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.