Is Societe Hoteliere et Immobiliere de Nice SA halal to invest in?

According to Musaffa's Shariah screening methodology, Societe Hoteliere et Immobiliere de Nice SA (MLHIN.PA) is currently classified as NOT HALAL as of July 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 Societe Hoteliere et Immobiliere de Nice 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 Societe Hoteliere et Immobiliere de Nice SA using these criteria to determine its compliance status.

Can Muslims buy shares of Societe Hoteliere et Immobiliere de Nice SA?

Muslim investors may consider investing in Societe Hoteliere et Immobiliere de Nice 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 Societe Hoteliere et Immobiliere de Nice SA classified as NOT HALAL?

Musaffa determines the Shariah status of Societe Hoteliere et Immobiliere de Nice 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 Societe Hoteliere et Immobiliere de Nice SA updated?

The Shariah compliance status of Societe Hoteliere et Immobiliere de Nice SA may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Societe Hoteliere et Immobiliere de Nice 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 Societe Hoteliere et Immobiliere de Nice SA?

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

Societe Hoteliere et Immobiliere de Nice SA MLHIN.PA

€256.00

Last Updated: May 08, 12:00 AM·XPAR

MLHIN.PA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 25, 2025

Report Source: 2024 Annual Report

Societe Hoteliere et Immobiliere de Nice SA. Stock Analysis MLHIN.PA

France Consumer Discretionary Nano Cap Report: 2024 Annual

Hôtelière & Immobilière de Nice SA engages in the business of owning, operating, and managing hotels. The firm operates two hotels located in Nice: the Splendid Hotel & Spa, which has 128 rooms and suites on seven floors and an underground garage, five conference rooms, solar heated swimming pool, fitness & jacuzzi; and the Gounod, which has 43 rooms and suites on four floors and a car park. The Splendid Hotel & Spa is owned and managed by Societe Hoteliere et Immobiliere de Nice SA while the Gounod is It is owned by the Sarl Gounod, a wholly-owned subsidiary of the Company. Societe Hoteliere et Immobiliere de Nice SA is also active in the real estate sector and owns a villa with three apartments, next to the Gounod hotel.

Key Statistics of Societe Hoteliere et Immobiliere de Nice SA (MLHIN.PA)

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

Today's Range

€256.00€256.00

Today's Open

€256.00

Volume

10.00

P/E Ratio (TTM)

52 Week Range

€200.00€258.00

Market Cap

14.90M

Avg. Volume

9.80

Dividend Yield

Financial Metrics & Statements of Societe Hoteliere et Immobiliere de Nice SA (MLHIN.PA)

FAQ's for Societe Hoteliere et Immobiliere de Nice SA (MLHIN.PA)

According to Musaffa’s Shariah screening methodology, Societe Hoteliere et Immobiliere de Nice SA (MLHIN.PA) is currently classified as NOT HALAL as of July 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.