Is Cerinnov Group SA halal to invest in?

According to Musaffa's Shariah screening methodology, Cerinnov Group SA (ALPCV.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 Cerinnov Group 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 Cerinnov Group SA using these criteria to determine its compliance status.

Can Muslims buy shares of Cerinnov Group SA?

Muslim investors may consider investing in Cerinnov 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.

Why is Cerinnov Group SA classified as NOT HALAL?

Musaffa determines the Shariah status of Cerinnov Group 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 Cerinnov Group SA updated?

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

Can a halal stock like Cerinnov Group 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 Cerinnov Group SA?

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

Cerinnov Group SA ALPCV.PA

€0.03 €0.00 (0.76%) 1D

Last Updated: Dec 23, 12:00 AM·XPAR

ALPCV.PA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 13, 2024

Report Source: 2023 Annual Report

Cerinnov Group SA. Stock Analysis ALPCV.PA

France Industrials Nano Cap Report: 2023 Annual

Cerinnov Group SA engages in the design, manufacturing, and marketing of production and decorating solutions for the ceramics and glass sectors. The company is headquartered in Limoges, Nouvelle-Aquitaine and currently employs 85 full-time employees. The company went IPO on 2016-06-20. The firm offers various types of machines, which are used in various stages of production of ceramics. Cerinnov Group SA's portfolio of machines includes laser machines, shaping and glazing machines, decration machines, customized machines, consumables and after sales - second hand equipment. The firm is present in worldwide, with subsidiaries in France, United Kingdom, Germany and United States.

Key Statistics of Cerinnov Group SA (ALPCV.PA)

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

Today's Range

€0.03€0.03

Today's Open

€0.03

Volume

9861.00

P/E Ratio (TTM)

52 Week Range

€0.03€0.58

Market Cap

130.00K

Avg. Volume

89.92K

Dividend Yield

Financial Metrics & Statements of Cerinnov Group SA (ALPCV.PA)

FAQ's for Cerinnov Group SA (ALPCV.PA)

According to Musaffa’s Shariah screening methodology, Cerinnov Group SA (ALPCV.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.