Is Saint Croix Holding Immobilier SOCIMI SA halal to invest in?

According to Musaffa's Shariah screening methodology, Saint Croix Holding Immobilier SOCIMI SA (STCXH.LU) is currently classified as NOT HALAL as of January 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 Saint Croix Holding Immobilier SOCIMI 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 Saint Croix Holding Immobilier SOCIMI SA using these criteria to determine its compliance status.

Can Muslims buy shares of Saint Croix Holding Immobilier SOCIMI SA?

Muslim investors may consider investing in Saint Croix Holding Immobilier SOCIMI 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 Saint Croix Holding Immobilier SOCIMI SA classified as NOT HALAL?

Musaffa determines the Shariah status of Saint Croix Holding Immobilier SOCIMI 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 Saint Croix Holding Immobilier SOCIMI SA updated?

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

Can a halal stock like Saint Croix Holding Immobilier SOCIMI 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 Saint Croix Holding Immobilier SOCIMI SA?

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

Saint Croix Holding Immobilier SOCIMI SA STCXH.LU

€69.00

Last Updated: Nov 07, 12:00 AM·LSE

STCXH.LU Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 18, 2024

Report Source: 2023 2nd Quarter Report

Saint Croix Holding Immobilier SOCIMI SA. Stock Analysis STCXH.LU

United Kingdom Real Estate Small Cap Report: Q2, 2023

Saint Croix Holding Immobilier Socimi SA engages in the acquisition and development of leased urban real estate properties. The company is headquartered in Madrid, Madrid. The company went IPO on 2011-12-21. The firm focuses on the acquisition and development of urban properties for leasing. Its activities are divided into four segments: Hotels, operating touristic properties; Offices, developing real estate properties used for business purposes; Sales, leasing commercial premises, as well as Others, including logistics and distribution facilities. The firm's properties are located in a number of Spanish cities, such as Madrid and Huelva. Furthermore, It operates through various subsidiaries, including Compania Iberica de Bienes Raices 2009 SOCIMI SAU and Inveretiro SOCIMI SA.

Key Statistics of Saint Croix Holding Immobilier SOCIMI SA (STCXH.LU)

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

Today's Range

€69.00€69.00

Today's Open

€69.00

Volume

35.00

P/E Ratio (TTM)

52 Week Range

€65.00€69.00

Market Cap

319.73M

Avg. Volume

Dividend Yield

4.12%

Financial Metrics & Statements of Saint Croix Holding Immobilier SOCIMI SA (STCXH.LU)

FAQ's for Saint Croix Holding Immobilier SOCIMI SA (STCXH.LU)

According to Musaffa’s Shariah screening methodology, Saint Croix Holding Immobilier SOCIMI SA (STCXH.LU) is currently classified as NOT HALAL as of January 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.