Is Varengold Bank AG halal to invest in?

According to Musaffa's Shariah screening methodology, Varengold Bank AG (VG8.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 Varengold Bank 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 Varengold Bank AG using these criteria to determine its compliance status.

Can Muslims buy shares of Varengold Bank AG?

Muslim investors may consider investing in Varengold Bank 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 Varengold Bank AG classified as NOT HALAL?

Musaffa determines the Shariah status of Varengold Bank 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 Varengold Bank AG updated?

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

Can a halal stock like Varengold Bank 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 Varengold Bank AG?

You can check the latest Shariah compliance status of Varengold Bank AG on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Varengold Bank AG VG8.DE

€2.38 €0.28 (10.53%) 1D

Last Updated: Oct 03, 12:00 AM·XETRA

VG8.DE Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 25, 2025

Report Source: 2024 2nd Quarter Report

Varengold Bank AG. Stock Analysis VG8.DE

Germany Financials Nano Cap Report: Q2, 2024

Varengold Bank AG engages in the provision of prime brokerage, commercial banking, and treasury services. The company is headquartered in Hamburg, Hamburg and currently employs 94 full-time employees. The company went IPO on 2007-03-20. The company serves both retail customers and business clients. For retail customers, it provides saving deposits. For business clients, it provides asset management, including alternative investment solutions; commercial banking, including customized financing structures for small and medium-sized companies, financial advisory services and international payment processing; and investment banking services, with focus on consultation and financing solutions in the areas of both equity capital and debt capital markets. The firm operates through offices in Hamburg, Germany and in London, the United Kingdom.

Key Statistics of Varengold Bank AG (VG8.DE)

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

Today's Range

€2.38€2.66

Today's Open

€2.66

Volume

17.00

P/E Ratio (TTM)

1.81

52 Week Range

€2.38€3.64

Market Cap

25.91M

Avg. Volume

906.67

Dividend Yield

Financial Metrics & Statements of Varengold Bank AG (VG8.DE)

FAQ's for Varengold Bank AG (VG8.DE)

According to Musaffa’s Shariah screening methodology, Varengold Bank AG (VG8.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.