No. As of October 2026, Europlasma SA (ALEUP.PA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Europlasma SA does not pass Musaffa's business and financial screening criteria.
Europlasma SA engages in the development, manufacture, and sale of plasma torch technology and industrial equipment. The company employs 398 full-time employees The company went IPO on 2009-07-21. The Company’s technology allows converting toxic waste into reusable materials. The firm is composed of four entities, such as Europlasma Torch & Process, which provides engineering consulting for hazardous waste treatment, and sells and licenses its plasma torches and technology; The Company also specializes in destruction and valorization of asbestos waste and operates ash melting units; It supplies technological solutions for the efficient transformation of biomass and waste into electric energy and Europe Environnement, which offers ventilation and air cleaning systems for industrial applications. The firm provides applications for industries keen to reduce their environmental footprint, by substituting fossil fuels or through recycling in a circular economy logic.
Europlasma SA ALEUP.PA
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Last Updated: Oct 14, 12:00 AM·XPAR
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ALEUP.PA Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Europlasma SA is classified as not halal.
NOT HALAL
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FAQ's for Europlasma SA (ALEUP.PA)
As of October 2026, Europlasma SA ALEUP.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 Europlasma SA using these criteria to determine its compliance status.
Muslim investors may consider investing in Europlasma 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 Europlasma 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 Europlasma 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 Europlasma 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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