No. As of October 2026, J Smart & Co (Contractors) PLC (SMJ.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. J Smart & Co (Contractors) PLC does not pass Musaffa's business and financial screening criteria.
J.Smart & Co. (Contractors) Plc engages in the provision of building and civil engineering services. Smart & Co. (Contractors) PLC is a United Kingdom-based commercial, residential and industrial developer in Scotland. The firm's principal activities are building and civil engineering contracting, residential development for sale, the development of industrial and commercial property for lease and the provision of serviced office spaces. The main area of operations is the central belt of Scotland. The main construction activity undertaken by the Company is that of social housing for several housing associations and registered social landlords predominately in the Edinburgh area and construction of its own private housing for sale. The company carries out commercial and industrial developments that are self-financed and are retained for lease in the Company's property portfolio, which totals more than approximately 90,000 square meters in the Central Belt. The company has a number of joint venture projects where it sets up joint venture companies with its partners to deliver the projects.
J Smart & Co (Contractors) PLC SMJ.L
GBX115.00
Last Updated: Oct 12, 12:00 AM·LSE
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SMJ.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, J Smart & Co (Contractors) PLC is classified as not halal.
NOT HALAL
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FAQ's for J Smart & Co (Contractors) PLC (SMJ.L)
As of October 2026, J Smart & Co (Contractors) PLC SMJ.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 J Smart & Co (Contractors) PLC using these criteria to determine its compliance status.
Muslim investors may consider investing in J Smart & Co (Contractors) 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.
Musaffa determines the Shariah status of J Smart & Co (Contractors) PLC 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 J Smart & Co (Contractors) PLC 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 J Smart & Co (Contractors) PLC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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