Is Ecoslops SA halal to invest in?

According to Musaffa's Shariah screening methodology, Ecoslops SA (ALESA.PA) is currently classified as NOT HALAL 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 Ecoslops 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 Ecoslops SA using these criteria to determine its compliance status.

Can Muslims buy shares of Ecoslops SA?

Muslim investors may consider investing in Ecoslops 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 Ecoslops SA classified as NOT HALAL?

Musaffa determines the Shariah status of Ecoslops 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 Ecoslops SA updated?

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

Can a halal stock like Ecoslops 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 Ecoslops SA?

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

Ecoslops SA ALESA.PA

€1.33 €0.05 (3.91%) 1D

Last Updated: May 15, 12:00 AM·XPAR

ALESA.PA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 14, 2024

Report Source: 2023 Annual Report

Analyst's Ratings for Ecoslops SA (ALESA.PA)

Based on 9 analysts giving stock ratings to Ecoslops SA in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Ecoslops SA. Stock Analysis ALESA.PA

France Industrials Nano Cap Report: 2023 Annual

Ecoslops SA engages in the provision of development and implementation of technology to produce fuel and light bitumen from oil residue. The company is headquartered in Paris, Ile-De-France. The company went IPO on 2015-02-20. The firm offers seaports, residues collectors, ship-owners and bunker suppliers with a technology to recycle oily waste of ships. Ecoslops SA is active in promoting the development of the P2R unit by its incorporation in a more global plant: Oil Waste Processing Plant (OW2P). The OW2P technology combines a refining petroleum process (P2R) with appropriate clean water. The firm recycles the waste in order to be used in electricity production and steam production among others. The firm's fuel production is located in the port of Sines, Portugal.

Key Statistics of Ecoslops SA (ALESA.PA)

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

Today's Range

€1.28€1.40

Today's Open

€1.28

Volume

23.83K

P/E Ratio (TTM)

52 Week Range

€0.55€1.83

Market Cap

7.37M

Avg. Volume

26.53K

Dividend Yield

Financial Metrics & Statements of Ecoslops SA (ALESA.PA)

FAQ's for Ecoslops SA (ALESA.PA)

According to Musaffa’s Shariah screening methodology, Ecoslops SA (ALESA.PA) is currently classified as NOT HALAL 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.