The Middleby Corporation

MIDD stock is not Shariah-compliant

مدعوم بواسطة Zoya API

About The Middleby Corporation (MIDD)

The Middleby Corporation is a leading designer, manufacturer, and marketer of a diverse range of foodservice, food processing, and residential kitchen equipment. Its Commercial Foodservice Equipment Group offers ovens, cooking equipment, refrigeration systems, and beverage dispensers, while the Food Processing Equipment Group provides processing systems for meat, poultry, bakery, and other food products. The company also offers residential kitchen appliances through its Residential Kitchen Equipment Group.

الأسئلة المتداولة

Is The Middleby Corporation (MIDD) stock halal to invest in?
As of Aug 27, 2024, The Middleby Corporation (MIDD) stock is not Shariah-compliant based on its business activities and financial ratios.
As of Aug 27, 2024, The Middleby Corporation (MIDD) stock is flagged as not Shariah-compliant in terms of Shariah compliance. This means that while the company's operations do not definitively violate Islamic guidelines, there are certain aspects of The Middleby Corporation's business that require careful consideration.
Does The Middleby Corporation have any interest income?
Yes, The Middleby Corporation does have interest income. According to the company's latest annual report for the fiscal year ending Dec 30, 2023, The Middleby Corporation reported revenue of 4036605000 and interest income of 0. The interest income represents 0% of the combined total. It's worth noting that some companies may report additional interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
No, The Middleby Corporation has not reported any interest income. According to the company's latest annual report for the fiscal year ending Dec 30, 2023, The Middleby Corporation reported total revenue of 4036605000, with no separate interest income disclosed. However, it's worth noting that some companies may report interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
What guidelines are used to determine if The Middleby Corporation stock is Shariah-compliant?
نحن نستخدم المبادئ التوجيهية التي وضعتها هيئة المحاسبة والمراجعة للمؤسسات المالية الإسلامية (AAOIFI) لتقييم الامتثال للشريعة الإسلامية. هيئة المحاسبة والمراجعة للمؤسسات المالية الإسلامية هي منظمة دولية رائدة تضع معايير التمويل الإسلامي. تساعد إرشاداتها في تحديد ما إذا كانت الأنشطة التجارية للشركة و والهيكل المالي يتماشى مع المبادئ الإسلامية. وتحظى هذه المعايير باحترام واسع النطاق في وتوفر إطارًا متسقًا لتقييم مدى توافق الأسهم والأدوات المالية الأخرى مع الشريعة الإسلامية. والأدوات المالية الأخرى. وتضم الهيئة الشرعية لهيئة المحاسبة والمراجعة للمؤسسات المالية الإسلامية علماء مشهورين مثل الشيخ محمد تقي عثماني، والشيخ عبد الستار أبو غدة، والشيخ عبد الله المانع.
How often is The Middleby Corporation stock reviewed for Shariah compliance?
The Shariah compliance status of The Middleby Corporation stock is reviewed on a regular basis, with a minimum frequency of once per quarter. However, if there are any significant changes or major developments in the company's operations that may impact its compliance, an immediate review will be conducted to ensure ongoing adherence to Shariah principles.
How can I stay updated on The Middleby Corporation's compliance status?
To stay informed, we recommend regularly checking Zoya for updates. You can also enable alerts within the Zoya app to receive notifications whenever there is a change in the Shariah compliance of MIDD, or any other stocks you are monitoring. This is particularly useful as Shariah compliance can fluctuate due to changes in a company's financial ratios or business activities.
Are dividends from The Middleby Corporation stock considered halal?
Yes, dividends from MIDD are considered halal. However, you may need to purify a portion of the dividend if the company has any impermissible revenue. Shariah standards typically allow up to 5% of revenue from impermissible sources for a stock to remain compliant. To find the exact percentage of impermissible revenue for The Middleby Corporation (MIDD), check the Zoya app. For more details on the purification process, read our comprehensive guide.
No, dividends from MIDD are not considered halal because the stock is currently not Shariah-compliant. When a stock is non-compliant, any dividends received from it are considered impermissible income and should be donated to charity as a form of purification. To learn more about the purification process and how to handle impermissible income, read our comprehensive guide.
Do I need to pay Zakat on my The Middleby Corporation shares?
If you hold The Middleby Corporation stock as an investment, through an Employee Stock Ownership Plan (ESOP), stock options, restricted stock units (RSUs), or any other form of stock ownership, and meet the Nisab threshold, you may be required to pay Zakat on it. The calculation of Zakat on stocks can be complex and depends on various factors. To help make this easy, we've created a free Zakat calculation tool. For an even easier experience, use the Zoya mobile app, where you can link your brokerage account to automatically import holdings.

How to buy The Middleby Corporation (MIDD) stock on Zoya

  1. سجّل للحصول على حساب زويا مجاناً
    من السهل البدء. يمكنك التسجيل للحصول على حساب مباشرةً على موقعنا الإلكتروني أو عن طريق تنزيل تطبيق زويا لنظامي iOS أو أندرويد.
  2. اربط حساب وساطة
    تتعاون Zoya مع شركات وساطة رائدة مثل Alpaca وغيرها من أجل طريقة سلسة لشراء الأسهم وإدارتها من خلال Zoya.
  3. حدد المبلغ الذي تريد استثماره
    انتقل إلى شاشة البحث واكتب اسم السهم في شريط البحث. بعد ذلك، انقر على زر الشراء وأدخل المبلغ الذي ترغب في استثماره، سواء بالدولار أو عدد الأسهم. راجع سعر السهم في الوقت الحقيقي وكمية الأسهم المقدرة قبل تأكيد استثمارك.
  4. قم بإدارة محفظتك في مكان واحد
    يمكنك العثور على الأسهم التي اشتريتها حديثًا في محفظة Zoya الخاصة بك إلى جانب بقية ممتلكاتك. قم بتمكين التنبيهات للحصول على إشعارات بأي تغييرات في امتثال محفظتك للشريعة الإسلامية.

منشورات المنتدى