Is MyHealthChecked PLC halal to invest in?

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

Can Muslims buy shares of MyHealthChecked PLC?

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

Musaffa determines the Shariah status of MyHealthChecked 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 MyHealthChecked PLC updated?

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

Can a halal stock like MyHealthChecked 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 MyHealthChecked PLC?

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

MyHealthChecked PLC MHC.L

GBX7.58

Last Updated: Mar 13, 12:00 AM·LSE

MHC.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 02, 2024

Report Source: 2024 2nd Quarter Report

MyHealthChecked PLC. Stock Analysis MHC.L

United Kingdom Health Care Nano Cap Report: Q2, 2024

MyHealthChecked Plc operates as a holding company. The firm is the umbrella brand of a range of at-home rapid tests, as well as deoxyribonucleic acid (DNA), ribonucleic acid (RNA) and blood sample collection kits. The firm also provides COVID tests. The firm's multi-platform portfolio of tests offers users access to a variety of test types, sample collection options, and levels of analysis, enabling it to meet diverse customer needs. The tests are lateral-flow self-tests, whilst the sample collection kits enable the collection of blood, urine, nasal or mouth swab samples that are analyzed in partner laboratories for a range of biomarkers. The tests have been made available online and for over-the-counter purchase. All its business activity is underpinned by two distinct routes to market: business to business to consumer (B2B2C) and direct to consumer.

Key Statistics of MyHealthChecked PLC (MHC.L)

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

Today's Range

GBX7.50GBX7.83

Today's Open

GBX7.58

Volume

17.19K

P/E Ratio (TTM)

52 Week Range

GBX6.00GBX21.00

Market Cap

466.67M

Avg. Volume

42.70K

Dividend Yield

Financial Metrics & Statements of MyHealthChecked PLC (MHC.L)

FAQ's for MyHealthChecked PLC (MHC.L)

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