No. As of October 2026, River UK Micro Cap Ltd (RMMC.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. River UK Micro Cap Ltd does not pass Musaffa's business and financial screening criteria.
River UK Micro Cap Ltd is a GG-based company operating in industry. The company employs 0 full-time employees The company went IPO on 2014-12-02. River UK Micro Cap Limited, formerly River and Mercantile UK Micro Cap Investment Company Limited, is a closed-ended investment company. The firm's investment objective is to achieve long term capital growth from investment in a diversified portfolio of United Kingdom micro-cap companies, typically comprising companies with a free float market capitalization of less than £100 million at the time of purchase. The number of holdings in the portfolio may usually range between 30 and 50. The company may, from time to time, take sizable positions in portfolio companies. However, in such circumstances, it does not normally intend to hold more than 25% of the capital of a single investee company at the time of investment. The company may invest in other investment funds, including listed closed-ended investment funds, to gain investment exposure to the United Kingdom micro-cap companies. Carne Global AIFM Solutions (C.I.) Limited is its alternative investment fund manager.
River UK Micro Cap Ltd RMMC.L
GBX264.00 GBX6.00 (2.22%) 1D
Last Updated: Oct 06, 12:00 AM·LSE
Pricing for GB stocks is delayed by 24 hours
RMMC.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, River UK Micro Cap Ltd is classified as not halal.
NOT HALAL
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FAQ's for River UK Micro Cap Ltd (RMMC.L)
As of October 2026, River UK Micro Cap Ltd RMMC.L 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 River UK Micro Cap Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in River UK Micro Cap 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.
Musaffa determines the Shariah status of River UK Micro Cap Ltd 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 River UK Micro Cap Ltd 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 River UK Micro Cap Ltd 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 River UK Micro Cap Ltd (RMMC.L)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.