No. As of October 2026, SYN Prop e Tech SA (SYNE3.SA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SYN Prop e Tech SA does not pass Musaffa's business and financial screening criteria.
Syn Prop e Tech SA engages in the development, acquisition, leasing, sale, and management of commercial real estate properties. The company is headquartered in Sao Paulo, Sao Paulo. The company went IPO on 2007-08-09. The firm focuses on the development, trade and management of commercial properties in Brazil. Its activities are divided into five business segments: Commercial Buildings, which consists of the sale and leasing of completed office properties; Real Estate Development, which is involved in the sale of office units under construction; Warehouses, which offers leasing of industrial warehouses; Shopping malls, which is responsible for the lease of stores in shopping malls; and Services, which provides management of shopping malls and parking lots, as well as development of properties. The firm owns a number of subsidiaries, such as Aquarius Empreendimentos e Participacoes Ltda, Millennium de Investimentos Imobiliarios Ltda and Miconia Empreendimentos Imobiliarios Ltda, among others.
SYN Prop e Tech SA SYNE3.SA
Last Updated: Oct 09, 12:00 AM·BOVESPA
SYNE3.SA Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, SYN Prop e Tech SA is classified as not halal.
Brazil Real Estate Micro Cap