Is Enertime SAS halal to invest in?

According to Musaffa's Shariah screening methodology, Enertime SAS (ALENE.PA) is currently classified as DOUBTFUL as of September 2024. 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 Enertime SAS 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 Enertime SAS using these criteria to determine its compliance status.

Can Muslims buy shares of Enertime SAS?

Muslim investors may consider investing in Enertime SAS 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 Enertime SAS classified as DOUBTFUL?

Musaffa determines the Shariah status of Enertime SAS 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 Enertime SAS updated?

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

Can a halal stock like Enertime SAS 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 Enertime SAS?

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

Enertime SAS ALENE.PA

€0.22 €0.00 (0.88%) 1D

Last Updated: Jul 01, 12:00 AM·XPAR

ALENE.PA Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: September 13, 2024

Report Source: 2023 Annual Report

Analyst's Ratings for Enertime SAS (ALENE.PA)

Based on 9 analysts giving stock ratings to Enertime SAS in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Enertime SAS. Stock Analysis ALENE.PA

France Industrials Nano Cap Report: 2023 Annual

Enertime SA provides solutions for electricity generation technology, using organic rankine cycle modules. The company is headquartered in Courbevoie, Ile-De-France and currently employs 59 full-time employees. The company went IPO on 2016-07-07. The firm is an engineering and consulting firm that focuses on renewable energy strategies, engineering work for investors as owners engineer for bio-energy project such as Biosmass and Biogas, promotion and development of solar energy and bio-energy. Enertime designs, builds and runs its own Organic Rankine Cycle modules or ORCs, for power generation without CO2. The firm's main project concerns photovoltaic solar power plants on hazardous lands, boilers or biomass power plants using difficult-to-burn biomass (straw, poultry litter, spent wash, etc. ), non-conventional thermodynamic cycles (negative cold production). Moreover, the Company designs turbines specially adapted to clients needs and project specifications..

Key Statistics of Enertime SAS (ALENE.PA)

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

Today's Range

€0.21€0.23

Today's Open

€0.23

Volume

33.15K

P/E Ratio (TTM)

52 Week Range

€0.48€1.74

Market Cap

4.23M

Avg. Volume

124.02K

Dividend Yield

Financial Metrics & Statements of Enertime SAS (ALENE.PA)

FAQ's for Enertime SAS (ALENE.PA)

According to Musaffa’s Shariah screening methodology, Enertime SAS (ALENE.PA) is currently classified as DOUBTFUL as of September 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.