No. As of October 2026, Hipay Group SA (ALHYP.PA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Hipay Group SA does not pass Musaffa's business and financial screening criteria.
Hipay Group SA engages in the development of online payment solutions. The company is headquartered in Levallois-Perret, Ile-De-France. The company went IPO on 2021-05-27. The firm offers digital content publishers and e-tailers (electronic-tailers) relevant payment methods to grow their business. The firm's solutions benefit from two European banking licenses: payment institution and e-money issuer. The company supports its customers when it comes to international development, fraud protection, cross-device purchasing, to aid their success rate, and boosting their activity.
Hipay Group SA ALHYP.PA
€4.06 €0.14 (3.33%) 1D
Last Updated: Oct 09, 12:00 AM·XPAR
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ALHYP.PA Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Hipay Group SA is classified as not halal.
NOT HALAL
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FAQ's for Hipay Group SA (ALHYP.PA)
As of October 2026, Hipay Group SA ALHYP.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 Hipay Group SA using these criteria to determine its compliance status.
Muslim investors may consider investing in Hipay Group 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 Hipay Group 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 Hipay Group 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 Hipay Group SA on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.