Is Scottish Oriental Smaller Companies Trust PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Scottish Oriental Smaller Companies Trust PLC (SST.L) is currently classified as NOT HALAL as of January 2025. 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 Scottish Oriental Smaller Companies Trust 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 Scottish Oriental Smaller Companies Trust PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Scottish Oriental Smaller Companies Trust PLC?

Muslim investors may consider investing in Scottish Oriental Smaller Companies Trust 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 Scottish Oriental Smaller Companies Trust PLC classified as NOT HALAL?

Musaffa determines the Shariah status of Scottish Oriental Smaller Companies Trust 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 Scottish Oriental Smaller Companies Trust PLC updated?

The Shariah compliance status of Scottish Oriental Smaller Companies Trust PLC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Where can I check the Shariah status of Scottish Oriental Smaller Companies Trust PLC?

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

Scottish Oriental Smaller Companies Trust PLC SST.L

GBX277.09 GBX3.00 (1.07%) 1D

Last Updated: May 15, 12:00 AM·LSE

SST.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 29, 2025

Report Source: 2024 Annual Report

Scottish Oriental Smaller Companies Trust PLC. Stock Analysis SST.L

Q: Can a halal stock like Scottish Oriental Smaller Companies Trust 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.

United Kingdom N/A Small Cap Report: 2024 Annual

Scottish Oriental Smaller Companies Trust PLC is a GB-based company operating in industry. The Scottish Oriental Smaller Companies Trust plc is a United Kingdom-based investment company. The firm carries on the business of an investment trust. The investment objective of the Company is to achieve long-term capital growth by investing in mainly smaller Asian quoted companies. The company invests mainly in the shares of smaller Asian quoted companies, that is, companies with market capitalizations of below US$5,000 million, or the equivalent thereof, at the time of first investment. Its investments in various regions, which include Australasia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand and Vietnam. The firm invests no more than 15% of its total assets in other listed investment companies. The company invests in various sectors, such as consumer staples, industrials, consumer discretionary, and materials. Its investment manager is First Sentier Investors (UK) Investment Management Limited.

Key Statistics of Scottish Oriental Smaller Companies Trust PLC (SST.L)

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

Today's Range

GBX276.00GBX280.00

Today's Open

GBX280.09

Volume

27.78K

P/E Ratio (TTM)

52 Week Range

GBX241.00GBX310.00

Market Cap

29.11B

Avg. Volume

18.14K

Dividend Yield

1.33%

Financial Metrics & Statements of Scottish Oriental Smaller Companies Trust PLC (SST.L)

FAQ's for Scottish Oriental Smaller Companies Trust PLC (SST.L)

According to Musaffa’s Shariah screening methodology, Scottish Oriental Smaller Companies Trust PLC (SST.L) is currently classified as NOT HALAL as of January 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.