Is Grupo Mateus SA halal to invest in?

As of July 2026, Grupo Mateus SA GMAT3.SA is classified as not covered 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.

Is Grupo Mateus 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 Grupo Mateus SA using these criteria to determine its compliance status.

Can Muslims buy shares of Grupo Mateus SA?

Muslim investors may consider investing in Grupo Mateus 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 Grupo Mateus SA classified as NOT COVERED?

Musaffa determines the Shariah status of Grupo Mateus 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 Grupo Mateus SA updated?

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

Can a halal stock like Grupo Mateus 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 Grupo Mateus SA?

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

Grupo Mateus SA GMAT3.SA

Last Updated: Jul 20, 12:00 AM·BOVESPA

Grupo Mateus SA. Stock Analysis GMAT3.SA

Brazil Consumer Discretionary Small Cap

Grupo Mateus SA engages in the retail of grocery products. The company is headquartered in Sao Luis, Maranhao. The company went IPO on 2020-10-13. The firm's activities are divided into two business lines: Wholesale and Retail. The Wholesale area focuses on self-service stores and delivery establishments, under the Mix Atacarejo and Armazem Mateus brand names, for wholesale customers. The Retail segment operates supermarkets under Mateus Supermercados and Hiper Mateus brand names, convenience shops under Camino brand name, appliance and furniture stores under Eletro Mateus brand name, as well as e-commerce platforms: Mateus Online, Canto do Chef and Super-Mercado do Futuro. The firm provides also financial services such as consumer credit solutions, through MateusCard and Crednosso cards.

Shariah Compliance Report

An extensive business and financial screening of the company which specifies why a stock is halal or haram!