No. As of October 2026, Banimmo SA (BANI.BR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Banimmo SA does not pass Musaffa's business and financial screening criteria.
Banimmo SA engages in the provision of technical and commercial renovation services of old buildings. The company is headquartered in Brussels, Bruxelles-Capitale. The company went IPO on 2007-12-31. The firm aims at acquiring and reconditioning undervalued commercial properties, such as retail space and shopping centers, exhibition and conference centers in Belgium and Luxembourg. The company renovates the properties it acquires in order to maximize lease value and lower operating costs, looks for new tenants and then sells the properties to a final investor. Banimmo SA’s property portfolio consists of properties in Brussels, Antwerp, Colombes, Zaventem, among others. Its investments include offices, retail space, hotel and conference centers as well as building plots, among others. Its portfolio includes the Snc Les Jardins Des Quais, approximately 52 acres in Namur and is thus a co-developer of an office project with Thomas & Piron.
Banimmo SA BANI.BR
Last Updated: Oct 08, 12:00 AM·BRU
BANI.BR Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Banimmo SA is classified as not halal.