Is Mg International SA halal to invest in?

According to Musaffa's Shariah screening methodology, Mg International SA (ALMGI.PA) is currently classified as HALAL as of July 2025. 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 Mg International 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 Mg International SA using these criteria to determine its compliance status.

Can Muslims buy shares of Mg International SA?

Muslim investors may consider investing in Mg International 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 Mg International SA classified as HALAL?

Musaffa determines the Shariah status of Mg International 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 Mg International SA updated?

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

Can a halal stock like Mg International 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 Mg International SA?

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

Mg International SA ALMGI.PA

€2.28

Last Updated: May 15, 12:00 AM·XPAR

ALMGI.PA Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 25, 2025

Report Source: 2024 Annual Report

Mg International SA. Stock Analysis ALMGI.PA

France Consumer Staples Nano Cap Report: 2024 Annual

MG International designs and manufactures immersion detectors for swimming pools. The firm produces and sells a range of equipment for private and public swimming pools, such as Aquasensor and Aqualarm alarms that sound when people fall into swimming pools; Poseidon, computer assisted surveillance systems for the prevention against drownings and Aqualife, automatic coverings for swimming pools. MG International sells its products directly to swimming pool builders and distributors. MG International SA operates essentially in France, in Europe and in the United States through its subsidiaries including, MG Brazil, MG Iberica, Poseidon Technologies Inc and Safeblue. The firm is controlled by Maytronics Ltd.

Key Statistics of Mg International SA (ALMGI.PA)

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

Today's Range

€2.28€2.28

Today's Open

€2.28

Volume

49.00

P/E Ratio (TTM)

8.50

52 Week Range

€2.00€4.38

Market Cap

11.46M

Avg. Volume

1507.94

Dividend Yield

Financial Metrics & Statements of Mg International SA (ALMGI.PA)

FAQ's for Mg International SA (ALMGI.PA)

According to Musaffa’s Shariah screening methodology, Mg International SA (ALMGI.PA) is currently classified as HALAL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.