Is ParTec AG halal to invest in?

According to Musaffa's Shariah screening methodology, ParTec AG (JY0.DE) is currently classified as HALAL as of January 2025. 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 ParTec AG 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 ParTec AG using these criteria to determine its compliance status.

Can Muslims buy shares of ParTec AG?

Muslim investors may consider investing in ParTec 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.

Why is ParTec AG classified as HALAL?

Musaffa determines the Shariah status of ParTec AG 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 ParTec AG updated?

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

Can a halal stock like ParTec AG 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 ParTec AG?

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

ParTec AG JY0.DE

€16.10 €0.10 (0.63%) 1D

Last Updated: Dec 04, 12:00 AM·XETRA

JY0.DE Shariah Compliance

Screening Methodology: AAOIFI

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Last Updated: January 23, 2025

Report Source: 2024 2nd Quarter Report

ParTec AG. Stock Analysis JY0.DE

Germany Information Technology Micro Cap Report: Q2, 2024

ParTec AG engages in developing and supplying super and quantum computers. The company is headquartered in Munich, Bayern and currently employs 72 full-time employees. The company went IPO on 2023-07-03. The firm is engaged in developing, manufacturing, and supplying of modular Supercomputer and Quantum Computers along with operating system software including consulting and support services. Its products include Parastation Message Passing Interface (MPI), Parastation Clustertools, Parastation Healthchecker, Parastation Ticketsuite. The firm contributes to the development of new software architectures, to the development of runtime systems, middleware components, and management tools for production-ready, heterogeneous systems.

Key Statistics of ParTec AG (JY0.DE)

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

Today's Range

€15.50€17.00

Today's Open

€16.00

Volume

782.00

P/E Ratio (TTM)

52 Week Range

€12.70€95.00

Market Cap

167.20M

Avg. Volume

463.22

Dividend Yield

Financial Metrics & Statements of ParTec AG (JY0.DE)

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FAQ's for ParTec AG (JY0.DE)

According to Musaffa’s Shariah screening methodology, ParTec AG (JY0.DE) is currently classified as HALAL as of January 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.