Is Swissnet AG halal to invest in?

According to Musaffa's Shariah screening methodology, Swissnet AG (MLBMD.PA) is currently classified as NOT HALAL 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 Swissnet AG 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 Swissnet AG using these criteria to determine its compliance status.

Can Muslims buy shares of Swissnet AG?

Muslim investors may consider investing in Swissnet AG 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 Swissnet AG classified as NOT HALAL?

Musaffa determines the Shariah status of Swissnet AG 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 Swissnet AG updated?

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

Can a halal stock like Swissnet AG 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 Swissnet AG?

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

Swissnet AG MLBMD.PA

€6.55

Last Updated: Apr 17, 12:00 AM·XPAR

MLBMD.PA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 13, 2024

Report Source: 2023 Annual Report

Analyst's Ratings for Swissnet AG (MLBMD.PA)

Based on 9 analysts giving stock ratings to Swissnet AG in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Swissnet AG. Stock Analysis MLBMD.PA

France N/A Nano Cap Report: 2023 Annual

swissnet AG operates as a data technology firm that helps companies digitalize their business models. The company is headquartered in Wollerau, Schwyz. The company went IPO on 2021-02-12. The firm is located in Zurich, Switzerland.

Key Statistics of Swissnet AG (MLBMD.PA)

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

Today's Range

€6.55€6.55

Today's Open

€6.55

Volume

190.00

P/E Ratio (TTM)

52 Week Range

€6.10€7.05

Market Cap

18.12M

Avg. Volume

345.00

Dividend Yield

Financial Metrics & Statements of Swissnet AG (MLBMD.PA)

FAQ's for Swissnet AG (MLBMD.PA)

According to Musaffa’s Shariah screening methodology, Swissnet AG (MLBMD.PA) is currently classified as NOT HALAL 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.