Is Munic SA halal to invest in?

According to Musaffa's Shariah screening methodology, Munic SA (ALMUN.PA) is currently classified as NOT 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 Munic 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 Munic SA using these criteria to determine its compliance status.

Can Muslims buy shares of Munic SA?

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

Musaffa determines the Shariah status of Munic 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 Munic SA updated?

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

Can a halal stock like Munic 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 Munic SA?

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

Munic SA ALMUN.PA

€0.50 €0.00 (0.60%) 1D

Last Updated: May 15, 12:00 AM·XPAR

ALMUN.PA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 26, 2025

Report Source: 2024 Annual Report

Munic SA. Stock Analysis ALMUN.PA

France Communication Services Nano Cap Report: 2024 Annual

Munic SA engages in vehicle data collection, processing, and monetization services. The company is headquartered in Villejuif, Ile-De-France. The company went IPO on 2020-02-10. Its offering includes a portfolio of devices, a cloud-based platform, and an application store. The Company’s products, namely Munic Max, Munic V6, Munic V6+ and V7+ consist of in-vehicle terminals directly connected to the vehicle electronic network. They design and develops technological solutions, combining Smart Dongles, capable of collecting and decoding thousands of data from automobile vehicle sensors, and an artificial intelligence Edge Computing platform, Munic.io, to analyze and process them. Third party business to business customers can access these data for develop their own applications. The firm aims to provide useful information to all the stakeholders involved in the automotive industry, such as insurance, fuel, leasing and rental, and car sharing companies, among others. The company operates in Europe and North America.

Key Statistics of Munic SA (ALMUN.PA)

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

Today's Range

€0.48€0.50

Today's Open

€0.50

Volume

3145.00

P/E Ratio (TTM)

52 Week Range

€0.45€1.14

Market Cap

4.47M

Avg. Volume

25.78K

Dividend Yield

Financial Metrics & Statements of Munic SA (ALMUN.PA)

FAQ's for Munic SA (ALMUN.PA)

According to Musaffa’s Shariah screening methodology, Munic SA (ALMUN.PA) is currently classified as NOT 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.