Is SysGroup PLC halal to invest in?

According to Musaffa's Shariah screening methodology, SysGroup PLC (SYS.L) is currently classified as NOT HALAL as of October 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 SysGroup 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 SysGroup PLC using these criteria to determine its compliance status.

Can Muslims buy shares of SysGroup PLC?

Muslim investors may consider investing in SysGroup 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 SysGroup PLC classified as NOT HALAL?

Musaffa determines the Shariah status of SysGroup 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 SysGroup PLC updated?

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

Can a halal stock like SysGroup 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.

Where can I check the Shariah status of SysGroup PLC?

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

SysGroup PLC SYS.L

GBX16.58

Last Updated: May 15, 12:00 AM·LSE

SYS.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 02, 2024

Report Source: 2024 Annual Report

SysGroup PLC. Stock Analysis SYS.L

United Kingdom Information Technology Nano Cap Report: 2024 Annual

SysGroup Plc engages in the delivery of cloud, data and security services to power AI and ML transformation. The firm offers an integrated set of modern technologies that collectively meets its customers’ end-to-end data needs including connectivity, cloud hosting, delivery, analytics and governance of customer data, as well as a security layer for users and applications. The firm also offers cybersecurity and compliance. Its segments include Managed IT services and Value-Added Resale (VAR). The Managed IT services segment provides all forms of managed services to customers and includes professional services. The VAR segment is engaged in the sales of information technology hardware and licenses from supplier partners. Its solutions include Analytics, Connectivity, Cyber Security, Hosting - Infrastructure, Hosting - Cloud, and Protection.

Key Statistics of SysGroup PLC (SYS.L)

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

Today's Range

GBX16.17GBX17.00

Today's Open

GBX16.58

Volume

15.37K

P/E Ratio (TTM)

52 Week Range

GBX13.00GBX22.80

Market Cap

1.36B

Avg. Volume

53.89K

Dividend Yield

Financial Metrics & Statements of SysGroup PLC (SYS.L)

FAQ's for SysGroup PLC (SYS.L)

According to Musaffa’s Shariah screening methodology, SysGroup PLC (SYS.L) is currently classified as NOT HALAL as of October 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.