No. As of October 2026, Platform Group AG (TPG.DE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Platform Group AG does not pass Musaffa's business and financial screening criteria.
The Platform Group AG is a software company, which engages in the provision of software solutions, logistics, marketing, customer support, and payment services. The company is headquartered in Dusseldorf, Nordrhein-Westfalen and currently employs 1,287 full-time employees. The company went IPO on 2020-10-29. The firm is engaged in providing software solutions that can be used in almost all sectors and industries. Its industries include the machinery trade, dental technology, car platforms, luxury fashion and furniture. The products are purchased by Business to Business (B2B) and Business-to-consumer (B2C) customers. The firm offers full-service package consisting of software solutions, logistics, marketing, customer support, payment, and customer reach. The company operates 20 platforms in 18 different sectors.
Platform Group AG TPG.DE
€3.55 €0.14 (4.11%) 1D
Last Updated: Mar 13, 12:00 AM·XETRA
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TPG.DE Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Platform Group AG is classified as not halal.
NOT HALAL
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FAQ's for Platform Group AG (TPG.DE)
As of October 2026, Platform Group AG TPG.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 Platform Group AG using these criteria to determine its compliance status.
Muslim investors may consider investing in Platform Group AG 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 Platform Group AG 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 Platform Group AG 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 Platform Group AG 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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