No. As of October 2026, Azur Selection SA (MLAZR.PA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Azur Selection SA does not pass Musaffa's business and financial screening criteria.
The Azur Selection SA is an investment management company, which engages in the provision of hotel and hospitality services. The company is headquartered in Athina, Attiki. The company went IPO on 2022-11-22. The firm is a real estate investment company with interests primarily in hospitality in Greece and southern France. The firm's activities include hotel operations, short-term rentals of luxury apartments (suites), development of properties, lease of properties to independent operators. The firm's portfolio consists of hotels (Azur Retreat, Azur Boutique Hotel Vouliagmeni, Azur Suites Glyfada, Azur Hotel Volos, My Mykonos Boutique Hotel, Livin Mykonos Boutique Hotel, Philippi Hotel), commercial properties (Mymall Mykonos shopping centre), as well as Mare Terra Peloponnese hotel complex between Patras and Aigio.
Azur Selection SA MLAZR.PA
€0.30 €0.01 (3.45%) 1D
Last Updated: Oct 14, 12:00 AM·XPAR
Pricing for FR stocks is delayed by 24 hours
MLAZR.PA Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Azur Selection SA is classified as not halal.
NOT HALAL
Azur Selection SA (MLAZR.PA) Chart
Fetching Price Chart...
Financial Metrics & Statements of Azur Selection SA (MLAZR.PA)
FAQ's for Azur Selection SA (MLAZR.PA)
As of October 2026, Azur Selection SA MLAZR.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 Azur Selection SA using these criteria to determine its compliance status.
Muslim investors may consider investing in Azur Selection 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 Azur Selection 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 Azur Selection 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 Azur Selection 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 Azur Selection SA (MLAZR.PA)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.