Is Middlefield Canadian Income PCC halal to invest in?

According to Musaffa's Shariah screening methodology, Middlefield Canadian Income PCC (MCT.L) is currently classified as DOUBTFUL as of September 2024. 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 Middlefield Canadian Income PCC 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 Middlefield Canadian Income PCC using these criteria to determine its compliance status.

Can Muslims buy shares of Middlefield Canadian Income PCC?

Muslim investors may consider investing in Middlefield Canadian Income PCC 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 Middlefield Canadian Income PCC classified as DOUBTFUL?

Musaffa determines the Shariah status of Middlefield Canadian Income PCC 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 Middlefield Canadian Income PCC updated?

The Shariah compliance status of Middlefield Canadian Income PCC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Middlefield Canadian Income PCC 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 Middlefield Canadian Income PCC?

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

Middlefield Canadian Income PCC MCT.L

GBX141.54

Last Updated: Oct 15, 12:00 AM·LSE

MCT.L Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: September 30, 2024

Report Source: 2023 Annual Report

Middlefield Canadian Income PCC. Stock Analysis MCT.L

United Kingdom N/A Micro Cap Report: 2023 Annual

Middlefield Canadian Income PCC is a JE-based company operating in industry. Middlefield Canadian Income PCC is a Jersey-based closed-ended investment company. The firm has one closed-ended cell, Middlefield Canadian Income GBP PC, (the Fund). The Fund’s investment objective is to provide shareholders with a high level of dividends, as well as capital growth over the longer term. The Fund seeks to achieve its investment objective by investing predominantly in the securities of companies and real estate investment trusts (REITs) domiciled in Canada and the United States that the investment manager believes will provide an attractive level of distribution, together with the prospect for capital growth. The Fund invests in various sectors, including financials, real estate, utilities, pipelines, energy, materials, healthcare, communication services, consumer staples, consumer discretionary and industrials. Its investment manager is Middlefield Limited.

Key Statistics of Middlefield Canadian Income PCC (MCT.L)

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

Today's Range

GBX141.50GBX141.54

Today's Open

GBX141.54

Volume

6.00

P/E Ratio (TTM)

52 Week Range

GBX105.50GBX141.50

Market Cap

13.22B

Avg. Volume

51.08K

Dividend Yield

Financial Metrics & Statements of Middlefield Canadian Income PCC (MCT.L)

FAQ's for Middlefield Canadian Income PCC (MCT.L)

According to Musaffa’s Shariah screening methodology, Middlefield Canadian Income PCC (MCT.L) is currently classified as DOUBTFUL as of September 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.