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Is Smartphoto group stock halal?
Debt and investments below the thresholds; interest income not published: the last criterion remains to be verified.
This verdict follows the median view, that of AAOIFI Standard No. 21. It is based on the financial statements for the fiscal year ended 12/31/2024.
The ratios
| Criterion | Measure | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 2% of total assets | 30% | within threshold |
| Interest-bearing investments | 29% of total assets | 30% | within threshold |
| Impermissible income | not published | 5% | to be verified |
Standard: Total assets, 30% threshold.
The three views
- Median view, our reference : the company is admitted, provided the gains are purified.
- Strictest view : the company is excluded, because it borrows or invests at interest.
- Most lenient view : the company is admitted (Total assets, one-third threshold).
Business activity
Commerce en ligne de produits personnalisés : tirages photo, livres photo et cadeaux personnalisés
Financial statements read
Fiscal year ended 12/31/2024, in millions of euros. Source: Annual report of Smartphoto group (ESEF format), fiscal year ended 2024-12-31.
What could not be verified
- Market capitalization: missing from the filed financial statements, so the AAOIFI ratio is not computed; tolerance is assessed on total assets.
- Interest received: amount not isolated in the filed financial statements.
- Financial statements for the fiscal year ended 12/31/2024: the next annual report was not in the database on the day of reading.
- Activity classified automatically from the "nature of activities" note of the annual report, without human review: to be confirmed.
- Figures read automatically and not reviewed by a human.
In the same sector
- AMAZON COM INC Permitted
- Walmart Inc. Questionable
- COSTCO WHOLESALE CORP /NEW Questionable
- HOME DEPOT, INC. Permitted
- MCDONALDS CORP Questionable
- TJX COMPANIES INC /DE/ Permitted
- CVS HEALTH Corp Questionable
- STARBUCKS CORP Permitted
Compliance comparison only: no opinion on the value of these securities.
General information: neither investment advice nor a fatwa. Verdict calculated by published rules, from financial statements read automatically and not reviewed by a human. Read the methodology