Is Societe Generale SA halal to invest in?

As of August 2026, Societe Generale SA SCGLY 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 Societe Generale 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 Societe Generale SA using these criteria to determine its compliance status.

Can Muslims buy shares of Societe Generale SA?

Muslim investors may consider investing in Societe Generale 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 Societe Generale SA classified as NOT HALAL?

Musaffa determines the Shariah status of Societe Generale 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 Societe Generale SA updated?

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

Can a halal stock like Societe Generale 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 Societe Generale SA?

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

Societe Generale SA SCGLY

$17.77 $0.03 (0.17%) 1D

Last Updated: Aug 21, 12:00 AM·OOTC

Pricing for US stocks is delayed by 24 hours

SCGLY Shariah Compliance

Screening Methodology: AAOIFI

As of August 2026, Societe Generale SA is classified as not halal.

NOT HALAL

Report Source: undefined Quarter Report

Societe Generale SA. Stock Analysis SCGLY

United States Financials Large Cap

Société Générale SA engages in the provision of banking and financial services. The company is headquartered in Paris, Ile-De-France and currently employs 110,000 full-time employees. The Group offers a wide range of advisory services and tailored financial solutions to secure transactions, protect and manage assets and savings, and help its clients finance their projects. The company operates through three segments: French Retail Banking, International Retail Banking & Financial Services and Global Banking and Investor Solutions. French Retail Banking includes the domestic networks Societe Generale, Credit du Nord and Boursorama. International Retail Banking & Financial Services consists of International Retail Banking (consumer finance activities), Financial Services to Corporates (operational vehicle leasing and fleet management, equipment and vendor finance) and Insurance Activities. Global Banking and Investor Solutions comprises Global Markets and Investors Services, Financing and Advisory, Asset and Wealth Management. The Group is active globally.

Societe Generale SA (SCGLY) Chart

Financial Metrics & Statements of Societe Generale SA (SCGLY)

FAQ's for Societe Generale SA (SCGLY)

As of August 2026, Societe Generale SA SCGLY 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 Societe Generale SA using these criteria to determine its compliance status.
Muslim investors may consider investing in Societe Generale 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 Societe Generale 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 Societe Generale 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 Societe Generale SA on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.