No. As of October 2026, Claranova SE (ALCLA.PA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Claranova SE does not pass Musaffa's business and financial screening criteria.
Claranova SE is a global technology company, which engages in the development and publishing of software applications on PCs, tablets, smartphones, tv, and social networks. The company is headquartered in Courbevoie, Ile-De-France and currently employs 203 full-time employees. The firm operates through three businesses including Avanquest Software, that develops, publishes and markets Personal Computer (PC) software products in several categories, including system utilities, home graphics, digital imaging and small business solutions; the PlanetArt business operates a print-on-demand platform, which features five brands covering both Website and mobile application technologies. Among its applications is FreePrints, a mobile photo printing solution for iOS and Android. The firm also operates through myDevices business, which enables enterprises to design, prototype and commercialize Internet of Things (IoT) solutions through Cayenne, a drag-and-drop IoT project builder. Claranova SA offers its products and services in approximately 100 countries worldwide.
Claranova SE ALCLA.PA
€0.52 €0.01 (1.12%) 1D
Last Updated: Oct 06, 12:00 AM·XPAR
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ALCLA.PA Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Claranova SE is classified as not halal.
NOT HALAL
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FAQ's for Claranova SE (ALCLA.PA)
As of October 2026, Claranova SE ALCLA.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 Claranova SE using these criteria to determine its compliance status.
Muslim investors may consider investing in Claranova SE 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 Claranova SE 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 Claranova SE 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 Claranova SE 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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