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Is Jumia Technologies AG Stock Halal?
Shariah Compliance Analysis of JMIA Stock
United States Consumer Discretionary Small Cap Yes. As of October 2026, Jumia Technologies AG (JMIA) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Jumia Technologies AG passes Musaffa's business and financial screening criteria.
Jumia Technologies AG engages in the provision of logistic services. The company is headquartered in Berlin, Berlin and currently employs 2,016 full-time employees. The company went IPO on 2019-04-12. The Company’s platform consist of sellers with consumers, its logistics service, which enables the shipment and delivery of packages from sellers to consumers, and its payment service, which facilitates transactions among participants active on the Company’s platform. The Company’s marketplace is consists of a range of sellers that offer goods in a wide range of categories, such as fashion and apparel, smartphones, home and living, consumer packaged goods, beauty and perfumes and other electronics. The firm also provide consumers with access to a various services, such as restaurant food delivery, hotel and flight booking, classified advertising and airtime recharge.
JMIA Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Jumia Technologies AG is classified as halal.
HALALJumia Technologies AG (JMIA) Chart
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Financial Metrics & Statements of Jumia Technologies AG (JMIA)
FAQ's for Jumia Technologies AG (JMIA)
- As of October 2026, Jumia Technologies AG JMIA is classified as 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 Jumia Technologies AG using these criteria to determine its compliance status.
- Muslim investors may consider investing in Jumia Technologies AG 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 Jumia Technologies AG 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 Jumia Technologies AG 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 Jumia Technologies AG on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Jumia Technologies AG (JMIA)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
