No. As of September 2026, Proximar Seafood AS (84Q.SG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Proximar Seafood AS does not pass Musaffa's business and financial screening criteria.
Proximar Seafood AS engages in land-based farming of salmon in Japan. The company is headquartered in Bergen, Vestland and currently employs 63 full-time employees. The company went IPO on 2021-02-03. Its fish farming is based on Recirculating Aquaculture System (RAS)-technology. The firm is currently constructing its first production facility located at the foot of Mount Fuji in Japan. The facility consists of two separate buildings, a Hatchery & Nursery where fish is raised from egg to approx. 100g and a Post Smolt Grow Out site where the fish is grown to harvest size of around 5kg. Through land-based fish farming, Proximar Seafood AS is able to produce fresh Atlantic salmon, free of medication and without impact from traditional challenges such as lice and microplastics. Proximar Seafood AS has one subsidiary, Proximar Ltd.
Proximar Seafood AS 84Q.SG
€0.03 €0.01 (81.16%) 1D
Last Updated: Sep 15, 12:00 AM·XSTU
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84Q.SG Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Proximar Seafood AS is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Proximar Seafood AS (84Q.SG)
FAQ's for Proximar Seafood AS (84Q.SG)
As of September 2026, Proximar Seafood AS 84Q.SG 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 Proximar Seafood AS using these criteria to determine its compliance status.
Muslim investors may consider investing in Proximar Seafood AS 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 Proximar Seafood AS 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 Proximar Seafood AS 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 Proximar Seafood AS 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 Proximar Seafood AS (84Q.SG)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.