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Is Record PLC Stock Halal?
Shariah Compliance Analysis of RECL.TU Stock
No. As of September 2026, Record PLC (RECL.TU) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Record PLC does not pass Musaffa's business and financial screening criteria.
Record Plc engages in the provision of currency management services. The company employs 96 full-time employees The company went IPO on 2007-12-03. The firm is engaged in offering bespoke products to global investors. The company provides specialist currency management solutions to manage the currency risk in private assets, share classes, feeders and other funds. The Company’s solutions include sustainable finance, currency management, asset management and other services. The company simplifies currency hedging and provides cost-effective solutions to all currency-related challenges. The company offers yield-seeking strategies across various private market asset classes, including EM debt, digital lending, private credit, and infrastructure strategies. The company trades a range of instruments for its clients, including derivatives, such as options, futures, cross-currency and total return swaps, and fixed income instruments, such as bonds and loans. Its clients are asset managers, pension funds, foundations, and other institutional investors.
Record PLC RECL.TU
RECL.TU Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Record PLC is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Record PLC (RECL.TU) Chart
Financial Metrics & Statements of Record PLC (RECL.TU)
FAQ's for Record PLC (RECL.TU)
- As of September 2026, Record PLC RECL.TU 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 Record PLC using these criteria to determine its compliance status.
- Muslim investors may consider investing in Record 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.
- Musaffa determines the Shariah status of Record PLC 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 Record PLC 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 Record PLC 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 Record PLC (RECL.TU)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
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MOH Nippon PLC MOH.L | GBX30.05 | 0.00% | GBX8.48B | Unlock | |
Insig Ai PLC INSG.L | GBX10.75 | 0.00% | GBX1.53B | Unlock |
