As of September 2026, Suominen Oyj is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Suominen Oyj. Stock Analysis 1S0.BE
Germany Consumer Staples Micro Cap
Suominen Oyj engages in the business of manufacturing non-wovens as roll goods for wipes and other applications. The company is headquartered in Helsinki, Etela-Suomen and currently employs 702 full-time employees. The company went IPO on 2001-10-01. The company manufactures and supplies nonwoven roll goods for wipes, as well as for medical and hygiene products. After the divestiture in July 2014, the Company operates one business area, Nonwovens, which comprises development and manufacture of nonwovens for various wiping products, such as baby, toddler and personal hygiene products, as well as goods for household and professional use. Additionally, it supplies nonwovens for hygiene and medical applications, such as wound care products. Its customers include international brand owners and private label manufacturers. The firm operates production plants in Finland, Italy, Spain, Brazil and the United States. In July 2014, it completed divestment of its flexible packaging business.
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FAQ's for Suominen Oyj (1S0.BE)
As of September 2026, Suominen Oyj 1S0.BE is classified as not 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 Suominen Oyj using these criteria to determine its compliance status.
Muslim investors may consider investing in Suominen Oyj 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 Suominen Oyj 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 Suominen Oyj 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 Suominen Oyj on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Suominen Oyj (1S0.BE)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.