Is Gaussin SA halal to invest in?

According to Musaffa's Shariah screening methodology, Gaussin SA (ALGAU.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 Gaussin 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 Gaussin SA using these criteria to determine its compliance status.

Can Muslims buy shares of Gaussin SA?

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

Musaffa determines the Shariah status of Gaussin 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 Gaussin SA updated?

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

Can a halal stock like Gaussin 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 Gaussin SA?

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

Gaussin SA ALGAU.PA

€0.11 €0.02 (23.53%) 1D

Last Updated: Nov 28, 12:00 AM·XPAR

ALGAU.PA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 13, 2024

Report Source: 2023 2nd Quarter Report

Gaussin SA. Stock Analysis ALGAU.PA

France Industrials Nano Cap Report: Q2, 2023

Gaussin SA designs, manufactures and markets wheeled handling systems. The company is headquartered in Hericourt, Bourgogne-Franche-Comte. The firm manufactures trailers and other transport solutions for use in the industrial sector and the shipping and aviation industries. Gaussin SA sells and leases its products to clients and also provides after-sales services and replacement parts. The company is present in such markets as transportation, raw materials and manufacturing, as well as the environment. In addition, the Company offers various services, including audit, rental, training, credit, maintenance, and 24 hours servicing. Gaussin is present through sales networks throughout the world. The firm operates through a number of direct and indirect subsidiaries, including Event, Leaderlease SA, SCI Hall 7, SCI Hall 8, and affiliated companies, such as Metalliance, Sofimmob and Triangle SCES Industrie.

Key Statistics of Gaussin SA (ALGAU.PA)

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

Today's Range

€0.08€0.11

Today's Open

€0.09

Volume

1.01M

P/E Ratio (TTM)

52 Week Range

€0.67€4.55

Market Cap

4.27M

Avg. Volume

786.22K

Dividend Yield

Financial Metrics & Statements of Gaussin SA (ALGAU.PA)

FAQ's for Gaussin SA (ALGAU.PA)

According to Musaffa’s Shariah screening methodology, Gaussin SA (ALGAU.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.