Is Network International Holdings Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Network International Holdings Ltd (NETW.L) is currently classified as DOUBTFUL as of April 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 Network International Holdings Ltd 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 Network International Holdings Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Network International Holdings Ltd?

Muslim investors may consider investing in Network International 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.

Why is Network International Holdings Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Network International Holdings Ltd 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 Network International Holdings Ltd updated?

The Shariah compliance status of Network International Holdings Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Network International Holdings Ltd 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 Network International Holdings Ltd?

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

Network International Holdings Ltd NETW.L

$399.40

Last Updated: Sep 17, 12:00 AM·LSE

NETW.L Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: April 01, 2024

Report Source: 2023 Annual Report

Network International Holdings Ltd. Stock Analysis NETW.L

United Kingdom Financials Mid Cap Report: 2023 Annual

Network International Holdings Plc engages in the provision of technology-enabled payments solutions to merchants and financial institutions of all types and sizes. The principal activities of the Company and its subsidiaries are enabling payment acceptance at merchants, acquirer processing, switching financial transactions, hosting cards and processing payment transactions and providing end-to-end management services and digital payment services. The Company’s business is organized into two segments, which include Merchant Services, and Outsourced Payment Services. The Merchant Services segment provides a range of technology-led payment solutions to its merchants through a full omnichannel service allowing them to accept payments of multiple types, across multiple payment channels.

Key Statistics of Network International Holdings Ltd (NETW.L)

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

Today's Range

$399.40$399.40

Today's Open

$399.40

Volume

P/E Ratio (TTM)

32.46

52 Week Range

$232.20$401.80

Market Cap

2.13B

Avg. Volume

4.13M

Dividend Yield

Financial Metrics & Statements of Network International Holdings Ltd (NETW.L)

FAQ's for Network International Holdings Ltd (NETW.L)

According to Musaffa’s Shariah screening methodology, Network International Holdings Ltd (NETW.L) is currently classified as DOUBTFUL as of April 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.