No. As of October 2026, Mcphy Energy SA (ALMCP.PA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mcphy Energy SA does not pass Musaffa's business and financial screening criteria.
McPhy Energy SA engages in the development and provision of hydrogen-based solutions. The company is headquartered in Grenoble, Auvergne-Rhone-Alpes and currently employs 82 full-time employees. The company went IPO on 2014-03-25. The firm sells solid-state hydrogen technology to provide a way for industrial gas renewable energy storage. Its products include the electrolyzer, a hydrogen generator that uses water as a raw material; solid hydrogen storage solutions with MCP and MGH series; and other ways that integrate electrolyzers and other solutions. The company has offices in such countries as France, Italy and Germany and agents and distributors in Europe, Asia and Americas.
Mcphy Energy SA ALMCP.PA
€0.15 €0.06 (66.67%) 1D
Last Updated: Jul 08, 12:00 AM·XPAR
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ALMCP.PA Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Mcphy Energy SA is classified as not halal.
NOT HALAL
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FAQ's for Mcphy Energy SA (ALMCP.PA)
As of October 2026, Mcphy Energy SA ALMCP.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 Mcphy Energy SA using these criteria to determine its compliance status.
Muslim investors may consider investing in Mcphy Energy 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 Mcphy Energy 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 Mcphy Energy 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 Mcphy Energy 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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