No. As of October 2026, Socfinaf SA (SOFAF.LU) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Socfinaf SA does not pass Musaffa's business and financial screening criteria.
Socfinaf SA engages in portfolio management, which focuses on the activities of tropical palm oil and rubber trees plantations in Africa. The firm holds stakes in plantations in Liberia, Nigeria, Ivory Coast, Cameroon, Democratic Republic of Congo and Kenya, as well as in Indonesia and Cambodia. The firm's two divisions are: Rubber tree activities and Palm tree activities. The firm has three wholly owned subsidiaries: Liberian Agricultural Company (LAC), which specializes in the production of rubber, Palmcam and Brabanta, developers of oil palm plantations in Democratic Republic Congo. In addition, the Company holds majority stakes in Okomu and Salala, a Liberia-based company, Bereby-Finances (Befin) SA, a holding company in Ivory Coast and SAC from Sierra Leone. Socfinaf is controlled by SOCFIN, formerly known as Socfinal. In November 2013, it acquired an 88% stake in Agripalma.
Socfinaf SA SOFAF.LU
€11.10
Last Updated: Jul 02, 12:00 AM·LSE
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SOFAF.LU Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Socfinaf SA is classified as not halal.
NOT HALAL
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FAQ's for Socfinaf SA (SOFAF.LU)
As of October 2026, Socfinaf SA SOFAF.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 Socfinaf SA using these criteria to determine its compliance status.
Muslim investors may consider investing in Socfinaf 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 Socfinaf 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 Socfinaf 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 Socfinaf 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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