No. As of October 2026, Streit Mecanique SA (MLSTR.PA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Streit Mecanique SA does not pass Musaffa's business and financial screening criteria.
Streit Mecanique SA engages in the provision of machining and assembly of iron, steel, and aluminum components for automobile constructors and parts manufacturers. The firm specializes in the conception and production of mechanical components made of cast iron, carbon steel and aluminum, such as flywheels, turbo-compressors, fixing points and pipes, for the automobile constructors and parts manufacturers. Its main clients are Peugeot, Honeywell France, Honeywell Italie, Valeo, and PCM. Streit Industries SA operates through two subsidiaries: Streit Mecanique SA, engaged in the machining and assembly of components; Streit Ingenierie Sarl, which proceeds analysis, designs and manufactures special production tools and equipment.
Streit Mecanique SA MLSTR.PA
€6.05
Last Updated: Sep 25, 12:00 AM·XPAR
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MLSTR.PA Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Streit Mecanique SA is classified as not halal.
NOT HALAL
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FAQ's for Streit Mecanique SA (MLSTR.PA)
As of October 2026, Streit Mecanique SA MLSTR.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 Streit Mecanique SA using these criteria to determine its compliance status.
Muslim investors may consider investing in Streit Mecanique 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 Streit Mecanique 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 Streit Mecanique 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 Streit Mecanique SA on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.