Is Toosla SA halal to invest in?

As of September 2026, Toosla SA ALTOO.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.

Is Toosla 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 Toosla SA using these criteria to determine its compliance status.

Can Muslims buy shares of Toosla SA?

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

Musaffa determines the Shariah status of Toosla 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 Toosla SA updated?

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

Can a halal stock like Toosla 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 Toosla SA?

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

Is Toosla SA Stock Halal?

Shariah Compliance Analysis of ALTOO.PA Stock

France Industrials Nano Cap

No. As of September 2026, Toosla SA (ALTOO.PA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Toosla SA does not pass Musaffa's business and financial screening criteria.

Toosla SA engages in the development and operation of an online car rental platform. The company is headquartered in Cormontreuil, Grand Est and currently employs 16 full-time employees. The company went IPO on 2021-12-17. The firm was founded in February 2016 and operates an app named Toosla, that connects contractors and car tenants. The app allows business to be carried out over a mobile platform that lets users rent vehicles online without going through an agency, and have their vehicle delivered to their home or pick it up at rental location. The customer can access the car between the start and end dates he selects at booking. There is no need for meeting physically at a rental agency, instead he can go directly to the rental location chosen by him to start the rental with the Toosla app; to drop off, he needs to come back to the same rental location and end his rental through the mobile app. The firm has relied on a customer culture and digital technology to reinvent the car rental business by ensuring the digitalization of the physical rental agency through its application, allowing: the creation of the customer account: all actions such as document con

Toosla SA ALTOO.PA

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Last Updated: Sep 11, 12:00 AM·XPAR

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ALTOO.PA Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Toosla SA is classified as not halal.

NOT HALAL

Report Source: undefined Quarter Report

Toosla SA (ALTOO.PA) Chart

Financial Metrics & Statements of Toosla SA (ALTOO.PA)

FAQ's for Toosla SA (ALTOO.PA)

As of September 2026, Toosla SA ALTOO.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 Toosla SA using these criteria to determine its compliance status.
Muslim investors may consider investing in Toosla 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 Toosla 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 Toosla 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 Toosla SA on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.