Is Electricite et Eaux De Madagascar SA halal to invest in?

According to Musaffa's Shariah screening methodology, Electricite et Eaux De Madagascar SA (EEM.PA) is currently classified as NOT HALAL as of July 2025. 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 Electricite et Eaux De Madagascar 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 Electricite et Eaux De Madagascar SA using these criteria to determine its compliance status.

Can Muslims buy shares of Electricite et Eaux De Madagascar SA?

Muslim investors may consider investing in Electricite et Eaux De Madagascar 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 Electricite et Eaux De Madagascar SA classified as NOT HALAL?

Musaffa determines the Shariah status of Electricite et Eaux De Madagascar 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 Electricite et Eaux De Madagascar SA updated?

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

Can a halal stock like Electricite et Eaux De Madagascar 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 Electricite et Eaux De Madagascar SA?

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

Electricite et Eaux De Madagascar SA EEM.PA

€2.00

Last Updated: May 15, 12:00 AM·XPAR

EEM.PA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 25, 2025

Report Source: 2024 Annual Report

Electricite et Eaux De Madagascar SA. Stock Analysis EEM.PA

France Real Estate Nano Cap Report: 2024 Annual

Electricité et Eaux de Madagascar SA is a holding company, which invests in casino, hotel, real estate, and paper. The firm is divided into five main sectors: the hotel industry, the wood industry, wines, real estate and casinos. In the hotel sector, the Company runs hotels in Paris and Hong Kong, under the brand name Victoria Hotels and Resorts, through the subsidiaries: Victoria Angkor and Victoria Angkor Estate. In the wood and paper industry, it owns a minority stake in Groupe Gascogne. Its real estate activities are primarily carried out in Paris through SAIP, SNC Paris Croix des Petits Champs and Les Vergers. In the casino sector, it holds a minority stake in Societe Francaise de Casinos. The company also owns minority stakes in Tokaj Lencses Dulo Kft and in Tokaj Hetszolo, the Hungarian wine producers.

Key Statistics of Electricite et Eaux De Madagascar SA (EEM.PA)

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

Today's Range

€2.00€2.00

Today's Open

€2.00

Volume

4695.00

P/E Ratio (TTM)

52 Week Range

€1.94€3.78

Market Cap

11.13M

Avg. Volume

1173.47

Dividend Yield

Financial Metrics & Statements of Electricite et Eaux De Madagascar SA (EEM.PA)

FAQ's for Electricite et Eaux De Madagascar SA (EEM.PA)

According to Musaffa’s Shariah screening methodology, Electricite et Eaux De Madagascar SA (EEM.PA) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.