Is Seresco SA halal to invest in?

According to Musaffa's Shariah screening methodology, Seresco SA (SCO.MC) is currently classified as 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 Seresco SA 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 Seresco SA using these criteria to determine its compliance status.

Can Muslims buy shares of Seresco SA?

Muslim investors may consider investing in Seresco SA 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 Seresco SA classified as HALAL?

Musaffa determines the Shariah status of Seresco SA 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 Seresco SA updated?

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

Can a halal stock like Seresco SA 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 Seresco SA?

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

SCO.MC Shariah Compliance

Screening Methodology: AAOIFI

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Last Updated: September 20, 2024

Report Source: 2023 Annual Report

Seresco SA. Stock Analysis SCO.MC

Spain Information Technology Micro Cap Report: 2023 Annual

Seresco SA engages in the provision of software solutions and services in Information and Communication Technology. The company is headquartered in Oviedo, Asturias and currently employs 1,032 full-time employees. The company went IPO on 2022-12-02. The firm specializes in software solutions and services in Information and Communication Technology across Spain and branches in Portugal, Peru, Colombia y Costa Rica. Products offered include personnel and payroll administration, digital transformation, mapping and cadaster, IT infrastructure and services, cybersecurity and software development. Internationally certified, the Company has strategic alliance with o Microsoft, Oracle, Sage amongst others, supplying over 1500 clients of various industry sectors.

Key Statistics of Seresco SA (SCO.MC)

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

Today's Range

€5.45€5.90

Today's Open

€5.65

Volume

11.14K

P/E Ratio (TTM)

11.00

52 Week Range

€5.00€9.10

Market Cap

65.88M

Avg. Volume

2437.58

Dividend Yield

1.11%

Financial Metrics & Statements of Seresco SA (SCO.MC)

FAQ's for Seresco SA (SCO.MC)

According to Musaffa’s Shariah screening methodology, Seresco SA (SCO.MC) is currently classified as 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.

Related Halal Stocks to Seresco SA (SCO.MC)

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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	Aplicaciones y Tratamiento de Sistemas SA ATSI.MC	€4.26	0.47%	€210.53M	Unlock
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