Is Devernois SA halal to invest in?

According to Musaffa's Shariah screening methodology, Devernois SA (ALDEV.PA) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Devernois SA 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 Devernois SA using these criteria to determine its compliance status.

Can Muslims buy shares of Devernois SA?

Muslim investors may consider investing in Devernois 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.

Why is Devernois SA classified as NOT HALAL?

Musaffa determines the Shariah status of Devernois SA 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 Devernois SA updated?

The Shariah compliance status of Devernois SA may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Devernois SA 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 Devernois SA?

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

Devernois SA ALDEV.PA

€10.20

Last Updated: May 15, 12:00 AM·XPAR

ALDEV.PA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 26, 2025

Report Source: 2024 Annual Report

Devernois SA. Stock Analysis ALDEV.PA

France Consumer Discretionary Nano Cap Report: 2024 Annual

Devernois SA engages in the design, production, and marketing of women's clothing and accessories. The firm offers apparel and accessories for women, including suits, blouses, sweaters, skirts, pants, jackets, and dresses, among others. Its revenue is generated by the following segments: sales of company-owned magazines; sales to retailers: multi-brand stores, franchisees and department stores; sales to affiliates; The Company operates through subsidiaries: Sofrade SA, with its subsidiaries Italie 6 SARL and Devernois Belgique SARL; Devernois Espana SL, Socad SARL, Devernois Luxembourg SARL and Devernois Portugal LDA.

Key Statistics of Devernois SA (ALDEV.PA)

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

Today's Range

€10.20€10.20

Today's Open

€10.20

Volume

1.00

P/E Ratio (TTM)

52 Week Range

€10.20€11.70

Market Cap

3.05M

Avg. Volume

30.50

Dividend Yield

Financial Metrics & Statements of Devernois SA (ALDEV.PA)

FAQ's for Devernois SA (ALDEV.PA)

According to Musaffa’s Shariah screening methodology, Devernois SA (ALDEV.PA) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.