Is Ocean Wilsons Holdings Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Ocean Wilsons Holdings Ltd (OCN.L) is currently classified as NOT HALAL as of January 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 Ocean Wilsons 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 Ocean Wilsons Holdings Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Ocean Wilsons Holdings Ltd?

Muslim investors may consider investing in Ocean Wilsons 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 Ocean Wilsons Holdings Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Ocean Wilsons 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 Ocean Wilsons Holdings Ltd updated?

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

Can a halal stock like Ocean Wilsons 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 Ocean Wilsons Holdings Ltd?

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

Ocean Wilsons Holdings Ltd OCN.L

GBX1,180.84

Last Updated: Dec 09, 12:00 AM·LSE

OCN.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2024

Report Source: 2023 2nd Quarter Report

Ocean Wilsons Holdings Ltd. Stock Analysis OCN.L

United Kingdom Industrials Small Cap Report: Q2, 2023

Ocean Wilsons Holdings Ltd. is an investment holding company, which engages in the provision of maritime and logistics services. The Company’s business comprises Ocean Wilsons (Investments) Limited, an entity that holds an actively managed diversified portfolio of international investments. Ocean Wilsons (Investments) Limited's investment strategy for its managed portfolio is to generate real returns through long-term capital growth, whilst emphasizing preservation of capital without respect to short-term moves in equity markets. Ocean Wilsons (Investments) Limited investment portfolio is invested in both publicly quoted and private (unquoted) assets in diversified components. Ocean Wilsons (Investments) Limited's investment manager is Hanseatic Asset Management LBG.

Key Statistics of Ocean Wilsons Holdings Ltd (OCN.L)

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

Today's Range

GBX1,180.00GBX1,180.84

Today's Open

GBX1,180.84

Volume

6.00

P/E Ratio (TTM)

4.66

52 Week Range

GBX1,090.00GBX1,610.00

Market Cap

31.83B

Avg. Volume

6693.50

Dividend Yield

12.92%

Financial Metrics & Statements of Ocean Wilsons Holdings Ltd (OCN.L)

FAQ's for Ocean Wilsons Holdings Ltd (OCN.L)

According to Musaffa’s Shariah screening methodology, Ocean Wilsons Holdings Ltd (OCN.L) is currently classified as NOT HALAL as of January 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.