What Shariah screening methodology does HalalStockGuide use?

We apply all 5 major Shariah screening standards: AAOIFI Standard 21, Dow Jones Islamic Market Index (DJIM), MSCI Islamic, S&P Shariah, and FTSE Shariah. Each standard has different thresholds for debt, cash, receivables, and impermissible income ratios.

Is SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST (SPPP) Halal?

Q: Is SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST (SPPP) halal to invest in?

SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST is Halal under AAOIFI Standard 21. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

Q: What are SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST's key financial metrics?

SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST has a P/E ratio of 3.6, revenue of -$23M. Market cap: $592M.

NYSE $592M

✓ HALAL

Confidence: 67/100

SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST (SPPP) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 0.0% against the AAOIFI threshold of 30%, SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST comfortably passes the key financial ratio tests.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard	Debt Ratio	Cash Ratio	Receivables	Income	Status
AAOIFI	0.0% / 30%	0.0% / 30%	0.0% / 30%	N/A	✓ HALAL
DJIM	0.0% / 33%	0.0% / 33%	0.0% / 33%	N/A	✓ HALAL
MSCI	0.0% / 33%	0.2% / 33%	0.0% / 33%	N/A	✓ HALAL
S&P	0.0% / 33%	0.0% / 33%	0.0% / 33%	N/A	✓ HALAL
FTSE	0.0% / 33%	0.2% / 33%	0.0% / 50%	N/A	✓ HALAL

Financial Highlights

P/E Ratio

3.6

Revenue

-$23M

Cash Flow & Balance Sheet

Operating Cash Flow	-$1M
Free Cash Flow	-$1M
Total Assets	$168M

Price & Trading

Last Close	$14.13
50-Day MA	$17.65
200-Day MA	$14.70
Avg Volume	1.3M
52-Week Range $8.91 $23.81

About SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST (SPPP)

Exchange

NYSE

Market Cap

$592M

Currency

USD

Frequently Asked Questions

Is SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST (SPPP) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST's debt ratio?

SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST's debt ratio is 0.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.0%.

What are SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST's key financial metrics?

SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST has a market capitalization of $592M, trailing P/E ratio of 3.6, and revenue of -$23M.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.