No. As of October 2026, SYNBIOTIC SE (SBX.DE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SYNBIOTIC SE does not pass Musaffa's business and financial screening criteria.
SynBiotic SE operates as a cannabis company, which engages in the research and development of cannabinoid and terpene-based solutions. The company is headquartered in Munich, Bayern and currently employs 79 full-time employees. The company went IPO on 2021-05-13. The firm operates in the industrial hemp and cannabis market. The company invests in ventures across the value chain from cultivation and research to development (R&D), production, sales, and distribution of cannabinoid-based products. This includes pharmaceuticals, cosmetics, nutrition and supplements as well as lifestyle products. Its main focus is in the development of medical cannabis and industrial hemp markets. Medical cannabis is used for therapeutic applications with patients. Industrial hemp is used to manufacture products such as fibres, seeds, stalks, shives, and oils across various industries. The firm's major brands include Hempamed, The Hempany, Hempamed Rx among others.
SYNBIOTIC SE SBX.DE
€0.78 €0.01 (1.69%) 1D
Last Updated: Oct 13, 12:00 AM·XETRA
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SBX.DE Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, SYNBIOTIC SE is classified as not halal.
NOT HALAL
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FAQ's for SYNBIOTIC SE (SBX.DE)
As of October 2026, SYNBIOTIC SE SBX.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 SYNBIOTIC SE using these criteria to determine its compliance status.
Muslim investors may consider investing in SYNBIOTIC SE 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 SYNBIOTIC SE 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 SYNBIOTIC SE 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 SYNBIOTIC SE 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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