No. As of October 2026, SMT Scharf AG (S4AA.DE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SMT Scharf AG does not pass Musaffa's business and financial screening criteria.
SMT Scharf AG operates as a holding company. The company is headquartered in Hamm, Nordrhein-Westfalen and currently employs 418 full-time employees. The company went IPO on 2008-02-25. Its product portfolio comprises Monorail transport systems, electric monorail transport systems (EMTS), floor-mounted rail systems, chairlift systems for mining personnel transport, cable handling systems and conveyors, as well as diesel-powered and battery-powered locomotives. The firm also provides equipment, such as cable and hose handling systems, shifting units, winches, shunting trolleys, control cabinets and pumps. The company operates through subsidiaries in Germany, Poland, the Ukraine, Russia, South Africa and China, such as Sareco Engineering Pty Ltd and Hollybank Engineering Co Ltd, as well as Nowilan Gesellschaft fuer Antriebstechnik mbH, a provider of power train solutions, logistics solutions.
SMT Scharf AG S4AA.DE
€7.50 €0.25 (3.23%) 1D
Last Updated: Nov 22, 12:00 AM·XETRA
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S4AA.DE Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, SMT Scharf AG is classified as not halal.
NOT HALAL
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FAQ's for SMT Scharf AG (S4AA.DE)
As of October 2026, SMT Scharf AG S4AA.DE 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 SMT Scharf AG using these criteria to determine its compliance status.
Muslim investors may consider investing in SMT Scharf AG 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 SMT Scharf AG 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 SMT Scharf AG 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 SMT Scharf AG on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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