Is Desarrollos Ermita del Santo SOCIMI SA halal to invest in?

According to Musaffa's Shariah screening methodology, Desarrollos Ermita del Santo SOCIMI SA (YDES.MC) is currently classified as HALAL as of September 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 Desarrollos Ermita del Santo 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 Desarrollos Ermita del Santo SOCIMI SA using these criteria to determine its compliance status.

Can Muslims buy shares of Desarrollos Ermita del Santo SOCIMI SA?

Muslim investors may consider investing in Desarrollos Ermita del Santo 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 Desarrollos Ermita del Santo SOCIMI SA classified as HALAL?

Musaffa determines the Shariah status of Desarrollos Ermita del Santo 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 Desarrollos Ermita del Santo SOCIMI SA updated?

The Shariah compliance status of Desarrollos Ermita del Santo SOCIMI SA may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Desarrollos Ermita del Santo 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 Desarrollos Ermita del Santo SOCIMI SA?

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

YDES.MC Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: September 20, 2024

Report Source: 2023 Annual Report

Desarrollos Ermita del Santo SOCIMI SA. Stock Analysis YDES.MC

Spain Real Estate Nano Cap Report: 2023 Annual

Desarrollos Ermita Del Santo Socimi SA engages in the management, acquisition, and promotion of real estate assets. The company is headquartered in Madrid, Madrid and currently employs 0 full-time employees. The company went IPO on 2020-07-31. The firm is engaged in the acquisition, management and lease of real estate units, holding interests mainly in commercial and urban real estate assets, such as shopping malls, located in Spain.

Key Statistics of Desarrollos Ermita del Santo SOCIMI SA (YDES.MC)

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

Today's Range

€4.40€4.40

Today's Open

€4.40

Volume

2400.00

P/E Ratio (TTM)

Market Cap

22.45M

Avg. Volume

1858.33

Dividend Yield

Financial Metrics & Statements of Desarrollos Ermita del Santo SOCIMI SA (YDES.MC)

FAQ's for Desarrollos Ermita del Santo SOCIMI SA (YDES.MC)

According to Musaffa’s Shariah screening methodology, Desarrollos Ermita del Santo SOCIMI SA (YDES.MC) is currently classified as HALAL as of September 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.