Is Raffles Financial Group Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Raffles Financial Group Ltd (RICH.CN) is currently classified as NOT COVERED as of May 2026. 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 Raffles Financial Group 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 Raffles Financial Group Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Raffles Financial Group Ltd?

Muslim investors may consider investing in Raffles Financial Group 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 Raffles Financial Group Ltd classified as NOT COVERED?

Musaffa determines the Shariah status of Raffles Financial Group 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 Raffles Financial Group Ltd updated?

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

Can a halal stock like Raffles Financial Group 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 Raffles Financial Group Ltd?

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

Raffles Financial Group Ltd. Stock Analysis RICH.CN

Canada Materials Micro Cap

Raffles Financial Group Ltd. engages in the provision of corporate finance and public listing advisory services. The firm is engaged in the provision of corporate finance advisory services. The firm operates through its subsidiary, Raffles Financial Private Limited, which is an exempt corporate finance advisory firm registered with the Monetary Authority of Singapore (MAS). The firm provides public listing advisory and arrangement services and serves as an advisor for family trusts and custodian banking, which include investment funds. Its subsidiaries include Changsheng Investment Development Limited and Marvel Earn Limited.

Key Statistics of Raffles Financial Group Ltd (RICH.CN)

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

Today's Range

CAD2.85CAD3.00

Today's Open

CAD3.00

Volume

5202.00

P/E Ratio (TTM)

55.93

Market Cap

142.80M

Avg. Volume

2188.33

Dividend Yield

Financial Metrics & Statements of Raffles Financial Group Ltd (RICH.CN)

FAQ's for Raffles Financial Group Ltd (RICH.CN)

According to Musaffa’s Shariah screening methodology, Raffles Financial Group Ltd (RICH.CN) is currently classified as NOT COVERED as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.