Is Regtech Open Project PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Regtech Open Project PLC (RTOP.L) is currently classified as NOT HALAL as of June 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 Regtech Open Project 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 Regtech Open Project PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Regtech Open Project PLC?

Muslim investors may consider investing in Regtech Open Project 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 Regtech Open Project PLC classified as NOT HALAL?

Musaffa determines the Shariah status of Regtech Open Project 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 Regtech Open Project PLC updated?

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

Can a halal stock like Regtech Open Project 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 Regtech Open Project PLC?

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

Regtech Open Project PLC RTOP.L

£4.50

Last Updated: Jun 28, 12:00 AM·LSE

RTOP.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 07, 2024

Report Source: 2024 2nd Quarter Report

Regtech Open Project PLC. Stock Analysis RTOP.L

United Kingdom Information Technology Nano Cap Report: Q2, 2024

RegTech Open Project Plc operates as an intech company. The firm is a technology business specialized in the automation, management, and optimization of regulatory compliance operations. The firm has developed the Orbit Open Platform, which helps its customers to achieve operational resilience in an increasingly complex regulatory landscape. The company offers comprehensive end-to-end specialized operational resilience and business continuity management (BCM) software via the SaaS-based Orbit Open Platform. The Orbit Open Platform allows customers to manage operational resilience risks across organizations, third parties, and technologies and ensures compliance with applicable regulatory requirements and industry best practices. The company offers an added value to its customers with an updated and ready-to-use solution that ensures continuous compliance with ever changing regulations, enables the adoption of best practices, and futureproofing their strategies.

Key Statistics of Regtech Open Project PLC (RTOP.L)

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

Today's Range

£4.50£4.50

Today's Open

£4.50

Volume

P/E Ratio (TTM)

52 Week Range

£9.22£314.00

Market Cap

2.70M

Avg. Volume

834.86K

Dividend Yield

Financial Metrics & Statements of Regtech Open Project PLC (RTOP.L)

FAQ's for Regtech Open Project PLC (RTOP.L)

According to Musaffa’s Shariah screening methodology, Regtech Open Project PLC (RTOP.L) is currently classified as NOT HALAL as of June 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.