Is Al Yah Satellite Communications Co PJSC halal to invest in?

According to Musaffa's Shariah screening methodology, Al Yah Satellite Communications Co PJSC (YAHSAT.AD) 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 Al Yah Satellite Communications Co PJSC 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 Al Yah Satellite Communications Co PJSC using these criteria to determine its compliance status.

Can Muslims buy shares of Al Yah Satellite Communications Co PJSC?

Muslim investors may consider investing in Al Yah Satellite Communications Co PJSC 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 Al Yah Satellite Communications Co PJSC classified as NOT HALAL?

Musaffa determines the Shariah status of Al Yah Satellite Communications Co PJSC 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 Al Yah Satellite Communications Co PJSC updated?

The Shariah compliance status of Al Yah Satellite Communications Co PJSC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Al Yah Satellite Communications Co PJSC 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 Al Yah Satellite Communications Co PJSC?

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

YAHSAT.AD Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 05, 2024

Report Source: 2024 2nd Quarter Report

Analyst's Ratings for Al Yah Satellite Communications Co PJSC (YAHSAT.AD)

Based on 10 analysts giving stock ratings to Al Yah Satellite Communications Co PJSC in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Al Yah Satellite Communications Co PJSC. Stock Analysis YAHSAT.AD

United Arab Emirates Communication Services Mid Cap Report: Q2, 2024

Al Yah Satellite Communications Co. PJSC engages in the provision of satellite communication services for military, government, and enterprise clients in the Middle East. The company is headquartered in Abu Dhabi, Abu Dhabi. The firm operates in following segments: Infrastructure segment, which provides long-term satellite capacity leases, long-term capacity services and satellite operation services; Managed Solutions , which includes end-to-end managed solutions provided mainly to government customers and other industry solutions; Mobility Solutions segment, which provides narrow-band satellite solutions under the trade name Thuraya; Data Solutions (BCS) segment, which includes broadband satellite solutions in Africa, Middle East and Asia; and Others segment, which include data solutions and broadcast.

Key Statistics of Al Yah Satellite Communications Co PJSC (YAHSAT.AD)

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

Today's Range

$2.08$2.14

Today's Open

$2.12

Volume

9.37M

P/E Ratio (TTM)

47.09

52 Week Range

$2.39$2.78

Market Cap

5.20B

Avg. Volume

5.50M

Dividend Yield

2.10%

Financial Metrics & Statements of Al Yah Satellite Communications Co PJSC (YAHSAT.AD)

FAQ's for Al Yah Satellite Communications Co PJSC (YAHSAT.AD)

According to Musaffa’s Shariah screening methodology, Al Yah Satellite Communications Co PJSC (YAHSAT.AD) 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.