Multi Ways Holdings Ltd MWG
$1.26 $0.08 (5.97%) 1D
Last Updated: Aug 21, 12:00 AM·XASE
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MWG Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Multi Ways Holdings Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Multi Ways Holdings Ltd. Stock Analysis MWG
United States Industrials Nano Cap Multi Ways Holdings Ltd. engages in the supply of heavy construction equipment for sale and rental. The company employs 86 full-time employees The company went IPO on 2023-04-03. The Company, through its subsidiaries, is primarily engaged in the sale and rental of heavy construction equipment in Singapore and the surrounding region. The firm offers a variety of new and used heavy construction equipment for sale and rental by its customers, ranging from earth-moving equipment such as bulldozers, off-terrain dump trucks, excavators and wheel loaders; material-handling equipment such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts and telescopic handlers; road-building equipment such as motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers and mini excavators, and generators and compressors, such as air compressors, generators, lighting towers and welding machines. The company also offers services to its customers, such as servicing and maintenance services for heavy construction equipment, and customization of heavy construction equipment.
Multi Ways Holdings Ltd (MWG) Chart
Financial Metrics & Statements of Multi Ways Holdings Ltd (MWG)
FAQ's for Multi Ways Holdings Ltd (MWG)
- As of August 2026, Multi Ways Holdings Ltd MWG is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Multi Ways Holdings Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Multi Ways Holdings Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Multi Ways Holdings Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Multi Ways Holdings Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Multi Ways Holdings Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Multi Ways Holdings Ltd (MWG)
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