Is Galimmo SCA halal to invest in?

According to Musaffa's Shariah screening methodology, Galimmo SCA (GALIM.PA) is currently classified as NOT HALAL as of August 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 Galimmo SCA 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 Galimmo SCA using these criteria to determine its compliance status.

Can Muslims buy shares of Galimmo SCA?

Muslim investors may consider investing in Galimmo SCA 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 Galimmo SCA classified as NOT HALAL?

Musaffa determines the Shariah status of Galimmo SCA 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 Galimmo SCA updated?

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

Can a halal stock like Galimmo SCA 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 Galimmo SCA?

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

Galimmo SCA GALIM.PA

€14.83

Last Updated: Oct 08, 12:00 AM·XPAR

GALIM.PA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 30, 2024

Report Source: 2024 2nd Quarter Report

Galimmo SCA. Stock Analysis GALIM.PA

France Real Estate Small Cap Report: Q2, 2024

Galimmo SCA engages in the management of securities portfolio. The company is headquartered in Paris, Ile-De-France and currently employs 48 full-time employees. Galimmo SCA manages a portfolio of 52 shopping malls adjoining Cora hypermarkets and located in the heart of urban and peri-urban business areas in France. The firm focuses on making its malls the reference commercial destination in their territory, while leveraging the complementarity of visitor flows from Cora malls and hypermarkets to the established leadership within their catchment area.

Key Statistics of Galimmo SCA (GALIM.PA)

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

Today's Range

€14.83€14.83

Today's Open

€14.83

Volume

6475.00

P/E Ratio (TTM)

52 Week Range

€12.90€15.60

Market Cap

481.18M

Avg. Volume

4919.18

Dividend Yield

2.47%

Financial Metrics & Statements of Galimmo SCA (GALIM.PA)

FAQ's for Galimmo SCA (GALIM.PA)

According to Musaffa’s Shariah screening methodology, Galimmo SCA (GALIM.PA) is currently classified as NOT HALAL as of August 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.