Is Webis Holdings PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Webis Holdings PLC (WEB.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 Webis Holdings 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 Webis Holdings PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Webis Holdings PLC?

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

Musaffa determines the Shariah status of Webis Holdings 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 Webis Holdings PLC updated?

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

Can a halal stock like Webis Holdings 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 Webis Holdings PLC?

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

Webis Holdings PLC WEB.L

$0.08 $0.02 (36.36%) 1D

Last Updated: Jan 02, 12:00 AM·LSE

WEB.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 04, 2024

Report Source: 2024 2nd Quarter Report

Webis Holdings PLC. Stock Analysis WEB.L

United Kingdom Consumer Discretionary Nano Cap Report: Q2, 2024

Webis Holdings Plc engages in operating as a totalizator wagering hub through its United States Tote supplier. The firm operates through two segments: Advanced Deposit Wagering (ADW) and Cal Expo Harness Racetrack (Racetrack). The ADW segment is engaged in the provision of online ADW services to enable customers to wager into global racetrack betting pools. The Racetrack segment is hosting races through the management and operation of a racetrack facility, enabling patrons to attend and wager on horse racing, as well as utilize simulcast facilities. Its subsidiaries, WatchandWager.com Ltd, operates a totalizator wagering hub through its United States Tote supplier, which enables it to conduct its ADW business by passing wagers directly into global racetrack betting pools in real time. Its subsidiary, WatchandWager.com LLC, provides pari-mutuel wagering, or pool-betting, services through a number of distribution channels to a global client base. The company holds United States pari-mutuel licenses for its ADW business in the United States.

Key Statistics of Webis Holdings PLC (WEB.L)

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

Today's Range

$0.03$0.04

Today's Open

$0.06

Volume

170.96K

P/E Ratio (TTM)

52 Week Range

$0.01$0.10

Market Cap

216.34K

Avg. Volume

2.56M

Dividend Yield

Financial Metrics & Statements of Webis Holdings PLC (WEB.L)

FAQ's for Webis Holdings PLC (WEB.L)

According to Musaffa’s Shariah screening methodology, Webis Holdings PLC (WEB.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.