Is Platform Group AG halal to invest in?

According to Musaffa's Shariah screening methodology, Platform Group AG (TPG.DE) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Platform Group AG 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 Platform Group AG using these criteria to determine its compliance status.

Can Muslims buy shares of Platform Group AG?

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.

Why is Platform Group AG classified as NOT HALAL?

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.

How often is the Shariah compliance for Platform Group AG updated?

The Shariah compliance status of Platform Group AG may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Platform Group AG 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 Platform Group AG?

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.

Platform Group AG TPG.DE

€3.55 €0.14 (4.11%) 1D

Last Updated: Mar 13, 12:00 AM·XETRA

TPG.DE Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 19, 2025

Report Source: 2024 Annual Report

Analyst's Ratings for Platform Group AG (TPG.DE)

Based on 10 analysts giving stock ratings to Platform Group AG in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Platform Group AG. Stock Analysis TPG.DE

Germany Consumer Discretionary Micro Cap Report: 2024 Annual

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.

Key Statistics of Platform Group AG (TPG.DE)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

€3.38€3.60

Today's Open

€3.41

Volume

32.69K

P/E Ratio (TTM)

2.26

52 Week Range

€5.12€12.90

Market Cap

110.25M

Avg. Volume

45.13K

Dividend Yield

Financial Metrics & Statements of Platform Group AG (TPG.DE)

FAQ's for Platform Group AG (TPG.DE)

According to Musaffa’s Shariah screening methodology, Platform Group AG (TPG.DE) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.