Is SMT Scharf AG halal to invest in?

According to Musaffa's Shariah screening methodology, SMT Scharf AG (S4AA.DE) is currently classified as NOT HALAL as of September 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 SMT Scharf AG 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 SMT Scharf AG using these criteria to determine its compliance status.

Can Muslims buy shares of SMT Scharf AG?

Muslim investors may consider investing in SMT Scharf AG 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 SMT Scharf AG classified as NOT HALAL?

Musaffa determines the Shariah status of SMT Scharf AG 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 SMT Scharf AG updated?

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

Can a halal stock like SMT Scharf AG 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 SMT Scharf AG?

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

SMT Scharf AG S4AA.DE

€7.50 €0.25 (3.23%) 1D

Last Updated: Nov 22, 12:00 AM·XETRA

S4AA.DE Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 15, 2024

Report Source: 2024 2nd Quarter Report

Analyst's Ratings for SMT Scharf AG (S4AA.DE)

Based on 8 analysts giving stock ratings to SMT Scharf AG in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

SMT Scharf AG. Stock Analysis S4AA.DE

Germany Industrials Nano Cap Report: Q2, 2024

SMT Scharf AG operates as a holding company. The company is headquartered in Hamm, Nordrhein-Westfalen and currently employs 418 full-time employees. The company went IPO on 2008-02-25. Its product portfolio comprises Monorail transport systems, electric monorail transport systems (EMTS), floor-mounted rail systems, chairlift systems for mining personnel transport, cable handling systems and conveyors, as well as diesel-powered and battery-powered locomotives. The firm also provides equipment, such as cable and hose handling systems, shifting units, winches, shunting trolleys, control cabinets and pumps. The company operates through subsidiaries in Germany, Poland, the Ukraine, Russia, South Africa and China, such as Sareco Engineering Pty Ltd and Hollybank Engineering Co Ltd, as well as Nowilan Gesellschaft fuer Antriebstechnik mbH, a provider of power train solutions, logistics solutions.

Key Statistics of SMT Scharf AG (S4AA.DE)

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

Today's Range

€7.50€7.90

Today's Open

€7.75

Volume

4609.00

P/E Ratio (TTM)

7.81

52 Week Range

€5.70€12.50

Market Cap

41.96M

Avg. Volume

2427.91

Dividend Yield

Financial Metrics & Statements of SMT Scharf AG (S4AA.DE)

FAQ's for SMT Scharf AG (S4AA.DE)

According to Musaffa’s Shariah screening methodology, SMT Scharf AG (S4AA.DE) is currently classified as NOT HALAL as of September 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.