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Loqus Holdings PLC LQS.MT

LQS.MT Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 13, 2023

Report Source: 2022 Annual Report

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Loqus Holdings PLC. Stock Analysis LQS.MT

United Kingdom N/A Nano Cap Report:
Loqus Holdings Plc is a business intelligence investment company, which provides both private and public organizations with consulting and deployed information and communications technology solutions. is a Malta-based holding company, which is primarily involved in the provision of fleet management, back-office processing and information and communication technology (ICT) solutions. The firm operates through four segments namely: Fleet management, Original Equipment Manufacturers, Back-office processing, and Projects. The Fleet management segment provides vehicle and marine tracking systems and on the move logistics solutions, including tailor-made solutions, as well as off-the-shelf packages. The Original Equipment Manufacturers segment includes fleet management contracts, which the Company holds with resellers under their own name and branding. The Back-office processing segment offers a variety of off-site services to support entities. The Projects segment assists clients in selecting appropriate ICT solutions and in implementing them. Its subsidiaries include Loqus Services Limited, Loqus Solutions Limited, Loqus Consulting Limited, and Loqus UK Limited.
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  • According to Musaffa’s Shariah screening methodology, Loqus Holdings PLC (LQS.MT) is currently classified as NOT HALAL as of December 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.

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