Is Andino Inversiones Global SA halal to invest in?

According to Musaffa's Shariah screening methodology, Andino Inversiones Global SA (MLAIG.PA) is currently classified as NOT HALAL as of September 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 Andino Inversiones Global 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 Andino Inversiones Global SA using these criteria to determine its compliance status.

Can Muslims buy shares of Andino Inversiones Global SA?

Muslim investors may consider investing in Andino Inversiones Global 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 Andino Inversiones Global SA classified as NOT HALAL?

Musaffa determines the Shariah status of Andino Inversiones Global 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 Andino Inversiones Global SA updated?

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

Can a halal stock like Andino Inversiones Global 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 Andino Inversiones Global SA?

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

Andino Inversiones Global SA MLAIG.PA

€3.00

Last Updated: May 14, 12:00 AM·XPAR

MLAIG.PA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 11, 2024

Report Source: 2023 Annual Report

Andino Inversiones Global SA. Stock Analysis MLAIG.PA

France Industrials Micro Cap Report: 2023 Annual

Andino Inversiones Global SA engages in the operation of airport, and maritime infrastructure and logistics sector. The firm's activities are divided into four areas: development and construction of airport infrastructures including airport assistance services in terms of runway, cargo and FBO services (terminals for private jets); property management: logistics centers with warehouses, offices and logistics space; maritime logistics services: container fitting and freight forwarding, forwarding agency services, customs agency services, stowage and unloading, ship mooring and disembarking, stevedoring, piloting, maritime transport, etc. ; and financial services, in particular investment fund management.

Key Statistics of Andino Inversiones Global SA (MLAIG.PA)

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

Today's Range

€3.00€3.00

Today's Open

€3.00

Volume

26.00K

P/E Ratio (TTM)

52 Week Range

€1.86€3.00

Market Cap

61.75M

Avg. Volume

8409.00

Dividend Yield

Financial Metrics & Statements of Andino Inversiones Global SA (MLAIG.PA)

FAQ's for Andino Inversiones Global SA (MLAIG.PA)

According to Musaffa’s Shariah screening methodology, Andino Inversiones Global SA (MLAIG.PA) is currently classified as NOT HALAL as of September 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.