No. As of October 2026, Forsee Power SA (FORSE.PA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Forsee Power SA does not pass Musaffa's business and financial screening criteria.
Forsee Power SA engages in the marketing and sale of smart battery systems for electric transport, which includes light vehicles, off-highway vehicles, buses, trucks, and trains. The company is headquartered in Ivry-Sur-Seine, Ile-De-France and currently employs 646 full-time employees. The company went IPO on 2021-11-03. This company provides advanced lithium-ion battery systems for any mobility application despite of the charging infrastructure or hybrid mode. The company is engaged in sale activation and installation of lithium-ion battery systems to be used in multiple vehicles including Autonomous vehicles & robotics, Light urban & utility vehicles, Agriculture, construction & industry, Bus and truck, Rail and Marine, among others. This company also provides battery rental services as well as battery life cycle management services and after-sales services.
Forsee Power SA FORSE.PA
€0.18 €0.01 (4.95%) 1D
Last Updated: Oct 06, 12:00 AM·XPAR
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FORSE.PA Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Forsee Power SA is classified as not halal.
NOT HALAL
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FAQ's for Forsee Power SA (FORSE.PA)
As of October 2026, Forsee Power SA FORSE.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 Forsee Power SA using these criteria to determine its compliance status.
Muslim investors may consider investing in Forsee Power 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 Forsee Power 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 Forsee Power 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 Forsee Power SA on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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