Is Qiwi PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Qiwi PLC (QIWI) is currently classified as NOT HALAL as of August 2023. 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 Qiwi 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 Qiwi PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Qiwi PLC?

Muslim investors may consider investing in Qiwi 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 Qiwi PLC classified as NOT HALAL?

Musaffa determines the Shariah status of Qiwi 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 Qiwi PLC updated?

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

Can a halal stock like Qiwi 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 Qiwi PLC?

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

Qiwi PLC QIWI

€5.67 €0.07 (1.25%) 1D

Last Updated: Feb 25, 12:00 AM·XDUS

QIWI Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 24, 2023

Report Source: 2023 2nd Quarter Report

Qiwi PLC. Stock Analysis QIWI

Germany Financials Nano Cap Report: Q2, 2023

QIWI Plc is a holding company, which engages in the provision of payment and financial services. The firm offers a range of products through its main product families: QIWI payment and financial services ecosystem for merchants, including QIWI Business products for B2B markets (banks, SME, e-commerce, taxi, recycling, payouts for outstaff and self-employed) and B2C clients across various digital use cases; ROWI digital structured financial products for SME; Flocktory services in marketing automation and advertising technologies; Taxiaggregator SaaS platform for taxi companies and drivers; RealWeb context and media advertising management services; provision of social network presence, programmatic, CPA and mobile marketing services, as well as several startup projects at various stages of development.

Key Statistics of Qiwi PLC (QIWI)

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

Today's Range

€5.53€5.95

Today's Open

€5.60

Volume

1.13M

P/E Ratio (TTM)

9.40

52 Week Range

€5.01€5.94

Market Cap

Avg. Volume

Dividend Yield

Financial Metrics & Statements of Qiwi PLC (QIWI)

FAQ's for Qiwi PLC (QIWI)

According to Musaffa’s Shariah screening methodology, Qiwi PLC (QIWI) is currently classified as NOT HALAL as of August 2023. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.