Home › Companies › Computer hardware › Sweden
Is MilDef Group AB stock halal?
Between 30% and one third of total assets: admitted at the one-third threshold, not at the 30% threshold.
This verdict follows the median view, that of AAOIFI Standard No. 21. It is based on the financial statements for the fiscal year ended 12/31/2024.
The ratios
| Criterion | Measure | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 8% of total assets | 30% | within threshold |
| Interest-bearing investments | 31.5% of total assets | 30% | threshold exceeded |
| Impermissible income | not published | 5% | to be verified |
Standard: Total assets, 30% threshold.
The three views
- Median view, our reference : the company is excluded.
- Strictest view : the company is excluded, because it borrows or invests at interest.
- Most lenient view : the company is admitted (Total assets, one-third threshold).
Business activity
Développement et fourniture de produits et services informatiques tactiques (matériel et logiciels) pour les marchés de la sécurité et de la défense ; part d'armement non précisée
Financial statements read
Fiscal year ended 12/31/2024, in millions of SEK. Source: Annual report of MilDef Group AB (ESEF format), fiscal year ended 2024-12-31.
What could not be verified
- Market capitalization: missing from the filed financial statements, so the AAOIFI ratio is not computed; tolerance is assessed on total assets.
- Interest received: amount not isolated in the filed financial statements.
- Financial statements for the fiscal year ended 12/31/2024: the next annual report was not in the database on the day of reading.
- Activity classified automatically from the "nature of activities" note of the annual report, without human review: to be confirmed.
- Figures read automatically and not reviewed by a human.
In the same sector
- CISCO SYSTEMS, INC. Permitted
- Dell Technologies Inc. Questionable
- Palo Alto Networks Inc Permitted
- Arista Networks, Inc. Permitted
- Sandisk Corp Permitted
- INTERNATIONAL BUSINESS MACHINES CORP Permitted
- Seagate Technology Holdings plc Permitted
- WESTERN DIGITAL CORP Permitted
Compliance comparison only: no opinion on the value of these securities.
General information: neither investment advice nor a fatwa. Verdict calculated by published rules, from financial statements read automatically and not reviewed by a human. Read the methodology