No. As of October 2026, Planethic Group AG (VEZ.DE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Planethic Group AG does not pass Musaffa's business and financial screening criteria.
Planethic Group AG engages in the development, production, marketing, and distribution of vegan food products. The company is headquartered in Ludwigsfelde, Brandenburg and currently employs 84 full-time employees. The company went IPO on 2021-11-10. The firm focuses on sustainable food technologies and it owns subsidiaries like Mililk, Happy Cheeze, and Veganz, which develop plant-based alternatives in dairy and protein segments. The company has developed over 165 plant-based foods such as confectionery, snacks, baking aids, proteins, vegan meat and cheese alternatives to pizza.
Planethic Group AG VEZ.DE
€1.45 €0.12 (9.02%) 1D
Last Updated: Sep 02, 12:00 AM·XETRA
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VEZ.DE Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Planethic Group AG is classified as not halal.
NOT HALAL
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FAQ's for Planethic Group AG (VEZ.DE)
As of October 2026, Planethic Group AG VEZ.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 Planethic Group AG using these criteria to determine its compliance status.
Muslim investors may consider investing in Planethic 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 Planethic 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 Planethic 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 Planethic 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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