Is Icade SA halal to invest in?

As of September 2026, Icade SA ICAD.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.

Is Icade 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 Icade SA using these criteria to determine its compliance status.

Can Muslims buy shares of Icade SA?

Muslim investors may consider investing in Icade 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 Icade SA classified as NOT HALAL?

Musaffa determines the Shariah status of Icade 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 Icade SA updated?

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

Can a halal stock like Icade 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 Icade SA?

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

Is Icade SA Stock Halal?

Shariah Compliance Analysis of ICAD.PA Stock

France Real Estate Small Cap

No. As of September 2026, Icade SA (ICAD.PA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Icade SA does not pass Musaffa's business and financial screening criteria.

Icade SA operates as a real estate and commercial property investment company, which engages in the investment, development, and provision of services to the public and private properties. The company is headquartered in Paris, Ile-De-France and currently employs 984 full-time employees. Its activities are organized around Offices, Business Parks, Healthcare, Shopping Centres, Warehouses and Public Sector Investment. The Offices division holds and manages office buildings. The Business Parks division is taking care for the business campus created in Paris, combining diverse activities across a range of sectors. The Healthcare business invests in clinic buildings; the Shopping Centres holds two big shopping centres combining shopping and leisure. The firm also rents the space in its warehouses, invests in buildings outsourced by the government and leases them to public sector users such as government departments and local authorities. The main shareholder of the Company is Credit Agricole Assurances. The company operates through Arkadea and ANF Immobilier SA.

Icade SA ICAD.PA

€16.87 €0.26 (1.53%) 1D

Last Updated: Sep 11, 12:00 AM·XPAR

Pricing for FR stocks is delayed by 24 hours

ICAD.PA Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Icade SA is classified as not halal.

NOT HALAL

Report Source: undefined Quarter Report

Icade SA (ICAD.PA) Chart

Financial Metrics & Statements of Icade SA (ICAD.PA)

FAQ's for Icade SA (ICAD.PA)

As of September 2026, Icade SA ICAD.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 Icade SA using these criteria to determine its compliance status.
Muslim investors may consider investing in Icade 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 Icade 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 Icade 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 Icade SA on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Alternate Halal Stocks for Icade SA (ICAD.PA)

Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.

	Name	Price	1D Change	Market Cap	Rating
	Paris Realty Fund SA PAR.PA	€24.80	0.00%	€37.57M	Unlock