No. As of October 2026, Socfinasia SA (SCFNS.LU) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Socfinasia SA does not pass Musaffa's business and financial screening criteria.
Socfinasia SA is a holding company, which focuses in managing portfolio on the exploitation of tropical oil palm and rubber plantations. The firm operates through three business segments: the palm wood business, rubber tree and other agricultural products. The firm has one wholly owned Luxembourg-based subsidiary, PNS LTD SA. The company also holds majority stake in a Cambodia-based holding company Socfin KCD and Luxembourg-based company, Socfinde. The company has also indirect subsidiaries, such as Cambodia-based Sethikula and Varanasi, and an Indonesia-based company, PT Socfindo. The firm is controlled by Socfin, formerly known as Socfinal.
Socfinasia SA SCFNS.LU
€15.30 €0.30 (1.92%) 1D
Last Updated: Jul 02, 12:00 AM·LSE
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SCFNS.LU Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Socfinasia SA is classified as not halal.
NOT HALAL
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FAQ's for Socfinasia SA (SCFNS.LU)
As of October 2026, Socfinasia SA SCFNS.LU 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 Socfinasia SA using these criteria to determine its compliance status.
Muslim investors may consider investing in Socfinasia 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 Socfinasia 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 Socfinasia 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 Socfinasia SA 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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