No. As of October 2026, AFYREN SA (ALAFY.PA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. AFYREN SA does not pass Musaffa's business and financial screening criteria.
Afyren SAS engages in the development of microbiology and bioprocess engineering from non-food biomass. The company is headquartered in Clermont-Ferrand, Auvergne-Rhone-Alpes and currently employs 141 full-time employees. The company went IPO on 2021-10-01. The firm focuses on the microbiology and bioprocess engineering that develops industrial process, named AFYNERIE, to convert non-food biomass to bioenergy. The company provides measurement of the factory's methanogenic potential and laboratory analysis of waste, among others. The company also allows to grow from a pilot stage to industrial-scale production that offers a wide panel of industries, bio sourced replacements with an environmentally friendly technology that uses natural microorganisms. AFYREN’s corporate culture works based on three core values that have driven the progress and laid the foundation for future achievements: commitment, agility and humility.
AFYREN SA ALAFY.PA
€2.35
Last Updated: Oct 08, 12:00 AM·XPAR
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ALAFY.PA Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, AFYREN SA is classified as not halal.
NOT HALAL
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FAQ's for AFYREN SA (ALAFY.PA)
As of October 2026, AFYREN SA ALAFY.PA 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 AFYREN SA using these criteria to determine its compliance status.
Muslim investors may consider investing in AFYREN SA 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 AFYREN SA 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 AFYREN SA 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 AFYREN SA on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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