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Shariah compliance overview

Not Halal

Helical plc (HLCL.L) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Helical plc

Helical plc is a United Kingdom-based company engaged in the acquisition, development, and leasing of real estate assets. Its property portfolio is diverse, featuring both mixed-use developments that combine commercial and residential spaces, as well as dedicated office buildings.

Helical plc (HLCL.L) operates in the Real Estate sector, in the Real Estate - Services industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing debt.

Business Activity
4.56%Limit 5%Pass
Interest-bearing debt
49.62%Limit 30%Fail
Interest-bearing securities and assets
9.41%Limit 30%Pass
Dividend purification
4.56%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Helical plc (HLCL.L). Current Akinda screening label: Not Halal.