Is Corep Lighting SA halal to invest in?

According to Musaffa's Shariah screening methodology, Corep Lighting SA (MLCOR.PA) is currently classified as NOT HALAL as of February 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 Corep Lighting 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 Corep Lighting SA using these criteria to determine its compliance status.

Can Muslims buy shares of Corep Lighting SA?

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

Musaffa determines the Shariah status of Corep Lighting 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 Corep Lighting SA updated?

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

Can a halal stock like Corep Lighting 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 Corep Lighting SA?

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

Corep Lighting SA MLCOR.PA

€9.00

Last Updated: Feb 27, 12:00 AM·XPAR

MLCOR.PA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 05, 2024

Report Source: 2022 Annual Report

Corep Lighting SA. Stock Analysis MLCOR.PA

France Consumer Staples Nano Cap Report: 2022 Annual

Corep Lighting SA designs, manufactures, and sells lampshades and decorative lighting fixtures. The firm produces a range of styles, such as contemporary, decorative and classical, which are sold to furniture stores, department stores, do-it-yourself shops and lighting shops, among others. The company’s product range includes: lampshades, table lamps, ceiling lights, wall lights, standard lamps and spotlights. The firm operates through its subsidiaries, such as Corep SAS, Market Set SAS, Forestier SARL, Goodlight LTD, Corep Iberica SUL, Corep Lighting India Pvt Ltd, ADM LightSAS and Koralcoa SA.

Key Statistics of Corep Lighting SA (MLCOR.PA)

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

Today's Range

€9.00€9.00

Today's Open

€9.00

Volume

47.00

P/E Ratio (TTM)

52 Week Range

€9.00€9.00

Market Cap

7.41M

Avg. Volume