Is NR 21 SA halal to invest in?

As of July 2026, NR 21 SA NR21.BR 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.

Is NR 21 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 NR 21 SA using these criteria to determine its compliance status.

Can Muslims buy shares of NR 21 SA?

Muslim investors may consider investing in NR 21 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 NR 21 SA classified as NOT HALAL?

Musaffa determines the Shariah status of NR 21 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 NR 21 SA updated?

The Shariah compliance status of NR 21 SA may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like NR 21 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 NR 21 SA?

You can check the latest Shariah compliance status of NR 21 SA on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

NR 21 SA NR21.BR

NR21.BR Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, NR 21 SA is classified as not halal.

NOT HALAL

Report Source: 2024 Annual Report

NR 21 SA. Stock Analysis NR21.BR

Belgium N/A Nano Cap Report: 2024 Annual

NR21 SA engages in the design and distribution of outdoor and indoor clothing for men, women, and children. The company is headquartered in Paris, Ile-De-France. The company went IPO on 2000-03-31. The firm is a limited partnership limited by shares, controlled since 1 August 2019 by Altarea, the parent company of the Altarea Group, which is present on the three main property markets (Retail, Housing and Business property) as a developer and investor, enabling it to be a player in major mixed-use urban renewal projects in France. In fiscal year 2022, NR21 had no activities. The company has neither subsidiaries nor shareholdings and does not employ any employees.

Shariah Compliance Report

An extensive business and financial screening of the company which specifies why a stock is halal or haram!