Is Bytes Technology Group PLC halal to invest in?

As of July 2026, Bytes Technology Group PLC BYIT.L is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Bytes Technology Group PLC 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 Bytes Technology Group PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Bytes Technology Group PLC?

Muslim investors may consider investing in Bytes Technology Group PLC 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 Bytes Technology Group PLC classified as HALAL?

Musaffa determines the Shariah status of Bytes Technology Group PLC 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 Bytes Technology Group PLC updated?

The Shariah compliance status of Bytes Technology Group PLC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Bytes Technology Group PLC 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 Bytes Technology Group PLC?

You can check the latest Shariah compliance status of Bytes Technology Group PLC on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Bytes Technology Group PLC BYIT.L

Last Updated: Jul 22, 12:00 AM·LSE

BYIT.L Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Bytes Technology Group PLC is classified as halal.

HALAL

Report Source: 2026 Annual Report

Bytes Technology Group PLC. Stock Analysis BYIT.L

United Kingdom Information Technology Small Cap Report: 2026 Annual

Bytes Technology Group Plc engages in the provision of IT software offerings and solutions. The company is headquartered in Leatherhead, Surrey and currently employs 1,245 full-time employees. The company went IPO on 2020-12-11. The firm enables technology sourcing, adoption, and management across software services, including in the areas of security, cloud and AI solutions. Its solutions comprise two brands: Bytes Software Services (BSS) and Phoenix Software (Phoenix). Bytes Software Services has a customer base that is made up of both private sector customers and public sector customers, whilst Phoenix's focus is on public sector customers. Its cyber security services include Managed Microsoft Sentinel, Managed Firewall Protection, Managed Endpoint Detection & Response, Managed Vulnerability Management, Bytes Incident Response and Penetration Testing & Assurance Services. Its modern workplace services include Managed Workspace, Bytes FastTrack Service, and Skills, Adoption and Change Management.

Key Statistics of Bytes Technology Group PLC (BYIT.L)

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

Today's Range

GBX412.20GBX421.20

Today's Open

GBX412.20

Volume

233.68K

P/E Ratio (TTM)

18.89

52 Week Range

GBX248.60GBX431.00

Market Cap

93.90B

Avg. Volume

405.37K

Dividend Yield

5.02%

Financial Metrics & Statements of Bytes Technology Group PLC (BYIT.L)

Super Investors Invested in Bytes Technology Group PLC (BYIT.L)

FAQ's for Bytes Technology Group PLC (BYIT.L)

As of July 2026, Bytes Technology Group PLC BYIT.L is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Bytes Technology Group PLC using these criteria to determine its compliance status.
Muslim investors may consider investing in Bytes Technology Group PLC if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Bytes Technology Group PLC by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Bytes Technology Group PLC may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Bytes Technology Group PLC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.