Is Hostmore plc halal to invest in?

According to Musaffa's Shariah screening methodology, Hostmore plc (MORE.L) is currently classified as NOT HALAL as of June 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 Hostmore 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 Hostmore plc using these criteria to determine its compliance status.

Can Muslims buy shares of Hostmore plc?

Muslim investors may consider investing in Hostmore 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 Hostmore plc classified as NOT HALAL?

Musaffa determines the Shariah status of Hostmore 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 Hostmore plc updated?

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

Can a halal stock like Hostmore 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 Hostmore plc?

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

Hostmore plc MORE.L

£0.16 £0.02 (11.68%) 1D

Last Updated: Sep 18, 12:00 AM·LSE

MORE.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 21, 2024

Report Source: 2023 Annual Report

Hostmore plc. Stock Analysis MORE.L

United Kingdom Consumer Discretionary Nano Cap Report: 2023 Annual

Hostmore Plc engages in the development and operation of branded restaurants and bars, and ancillary activities. The firm is focused on the operations of American-themed casual dining brand, TGI Fridays; the cocktail-led bar and restaurant brand, 63rd+1st, and the fast casual dining brand, Fridays and Go. The TGI Fridays offers authentic American food, a cocktail list, and personal service. The firm through Fridays offers services, such as dine-in, delivery, digital and drive-in. TGI Fridays has a diversified and balanced estate portfolio of 86 sites across the United Kingdom. The 63rd+1st offers a wide range of cocktails, spirits, beers, and wine. The firm's subsidiaries include Hostmore Group Limited, Wednesdays (Bidco) Limited, Thursdays (Holdings) Limited, and Thursdays (UK) Limited.

Key Statistics of Hostmore plc (MORE.L)

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

Today's Range

£0.13£0.22

Today's Open

£0.18

Volume

6.94M

P/E Ratio (TTM)

52 Week Range

£10.80£25.00

Market Cap

200.00K

Avg. Volume

15.93M

Dividend Yield

Financial Metrics & Statements of Hostmore plc (MORE.L)

FAQ's for Hostmore plc (MORE.L)

According to Musaffa’s Shariah screening methodology, Hostmore plc (MORE.L) is currently classified as NOT HALAL as of June 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.