Is Tonner Drones SA halal to invest in?

According to Musaffa's Shariah screening methodology, Tonner Drones SA (ALTD.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 Tonner Drones 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 Tonner Drones SA using these criteria to determine its compliance status.

Can Muslims buy shares of Tonner Drones SA?

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

Musaffa determines the Shariah status of Tonner Drones 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 Tonner Drones SA updated?

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

Can a halal stock like Tonner Drones 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 Tonner Drones SA?

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

Tonner Drones SA ALTD.PA

€0.04 €0.00 (0.84%) 1D

Last Updated: May 15, 12:00 AM·XPAR

ALTD.PA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 13, 2024

Report Source: 2023 Annual Report

Tonner Drones SA. Stock Analysis ALTD.PA

France Industrials Nano Cap Report: 2023 Annual

Tonner Drones SA.engages in developing drones and associated technologies for the logistics, defense and homeland security sectors. The firm designs, produces, and sells civilian drones for professional use, intended for applications in the event, tourism, leisure, building and public works, and mining sectors. The company focuses on the production of military drones to develop and market security and surveillance solutions intended for the military field as well as private and public security. The group also offers consulting, technical assistance, and maintenance services. Delta Drone has production site located in France. The firm has such subsidiaries as Cap Minerals Africa, Techni Drone, DRONEO, Groupe Keas and Delta Drone Africa, among others.

Key Statistics of Tonner Drones SA (ALTD.PA)

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

Today's Range

€0.04€0.04

Today's Open

€0.04

Volume

62.24K

P/E Ratio (TTM)

22.43

52 Week Range

€0.02€0.05

Market Cap

20.67M

Avg. Volume

658.39K

Dividend Yield

Financial Metrics & Statements of Tonner Drones SA (ALTD.PA)

FAQ's for Tonner Drones SA (ALTD.PA)

According to Musaffa’s Shariah screening methodology, Tonner Drones SA (ALTD.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.