Is Mercantile Investment Trust PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Mercantile Investment Trust PLC (MRC.L) is currently classified as NOT HALAL as of March 2026. 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 Mercantile Investment Trust 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 Mercantile Investment Trust PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Mercantile Investment Trust PLC?

Muslim investors may consider investing in Mercantile Investment Trust 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 Mercantile Investment Trust PLC classified as NOT HALAL?

Musaffa determines the Shariah status of Mercantile Investment Trust 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 Mercantile Investment Trust PLC updated?

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

Can a halal stock like Mercantile Investment Trust 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 Mercantile Investment Trust PLC?

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

Mercantile Investment Trust PLC MRC.L

GBX256.59 GBX1.00 (0.39%) 1D

Last Updated: May 15, 12:00 AM·LSE

MRC.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 24, 2026

Report Source: 2026 2nd Quarter Report

Mercantile Investment Trust PLC. Stock Analysis MRC.L

United Kingdom N/A Mid Cap Report: Q2, 2026

Mercantile Investment Trust PLC is a GB-based company operating in industry. The Mercantile Investment Trust PLC is a United Kingdom-based investment trust. The firm's objective is to achieve long term capital growth from a portfolio of UK medium and smaller sized companies. The firm's investment policy includes to emphasize capital growth from medium and smaller sized companies, to achieve long term dividend growth at least in line with inflation and to use long term gearing to increase potential returns to shareholders. The firm's investment includes sectors, such as industrials, financials, technology, telecommunications, health care, basic materials, consumer discretionary, consumer staples, energy, real estate, and utilities. The firm's alternative investment fund manager is JPMorgan Funds Limited.

Key Statistics of Mercantile Investment Trust PLC (MRC.L)

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

Today's Range

GBX253.00GBX256.59

Today's Open

GBX255.59

Volume

1.48M

P/E Ratio (TTM)

7.94

52 Week Range

GBX234.50GBX271.50

Market Cap

172.15B

Avg. Volume

1.09M

Dividend Yield

2.86%

Financial Metrics & Statements of Mercantile Investment Trust PLC (MRC.L)

FAQ's for Mercantile Investment Trust PLC (MRC.L)

According to Musaffa’s Shariah screening methodology, Mercantile Investment Trust PLC (MRC.L) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.