Is Vergnet Vsa SA halal to invest in?

According to Musaffa's Shariah screening methodology, Vergnet Vsa SA (ALVER.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 Vergnet Vsa 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 Vergnet Vsa SA using these criteria to determine its compliance status.

Can Muslims buy shares of Vergnet Vsa SA?

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

Musaffa determines the Shariah status of Vergnet Vsa 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 Vergnet Vsa SA updated?

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

Can a halal stock like Vergnet Vsa 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 Vergnet Vsa SA?

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

Vergnet Vsa SA ALVER.PA

€0.12 €0.05 (29.41%) 1D

Last Updated: Jan 23, 12:00 AM·XPAR

ALVER.PA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 14, 2024

Report Source: 2023 Annual Report

Vergnet Vsa SA. Stock Analysis ALVER.PA

France Industrials Nano Cap Report: 2023 Annual

Vergnet SA engages in designing, production, marketing and installation of wind energy production plants and potable water supply infrastructures. The company employs 93 full-time employees The company went IPO on 2007-06-06. The company provides wind turbines, water pumps and combined solutions, among others. The company also offers such services as methodological assistance, preliminary analysis of the wind resource and preliminary wind farm calculation, as well as assistance in obtaining project financing. The company also supplies water for rural areas through Vergnet Hydro SAS and is engaged in the field of photovoltaic solar energy through Photalia SAS. Vergnet SA’s customers are electric power companies and independent power producers. The firm is present in France, as well as in the Caribbean, the Pacific, the Indian Ocean, and Africa. It's subsidiaries include Vergnet Pacific SARL, Vergnet Wind Energy Ltd and Energie 21, among others.

Key Statistics of Vergnet Vsa SA (ALVER.PA)

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

Today's Range

€0.12€0.18

Today's Open

€0.17

Volume

111.14K

P/E Ratio (TTM)

52 Week Range

€0.00€0.76

Market Cap

200.00K

Avg. Volume

78.09K

Dividend Yield

Financial Metrics & Statements of Vergnet Vsa SA (ALVER.PA)

FAQ's for Vergnet Vsa SA (ALVER.PA)

According to Musaffa’s Shariah screening methodology, Vergnet Vsa SA (ALVER.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.