US EQUITIES CLOSED CRYPTO 24/7
HALAL TRADING ROOM Sharia-screened signals
TERMINAL
EC

ECONB.BR

Stock Econocom Group SE
$1.47

Euronext Brussels · Technology · BE

Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 0.05%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Econocom Group SE (ECONB.BR) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.

⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.

Market & analysts
Price target
$1.33
-9.3% · 3 analysts
Institutional own.
5.6%
of shares
NON-COMPLIANT
Sharia compliance
0.05%
Non-permissible income — HTR, from filings (2025-12-31)
$1.33
Price target (-9.3%) · 3 analysts
5.6%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. ECONB.BR files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Fail

RatioValueThresholdResult
Interest-bearing debt 438.80% 30.00% Fail
Interest-bearing investments 247.43% 30.00% Fail
Non-permissible income 0.05% 5.00% Pass

Usmani Fail

RatioValueThresholdResult
Interest-bearing debt 36.96% 33.00% Fail
Interest-bearing investments 20.84% 33.00% Pass
Non-liquid assets 51.17% at least 20.00% Pass
Non-permissible income 0.05% 5.00% Pass

MSCI Fail

RatioValueThresholdResult
Interest-bearing debt 36.96% 33.33% Fail
Cash + interest-bearing securities 20.84% 33.33% Pass
Accounts receivable 48.83% 33.33% Fail
Non-permissible income 0.05% 5.00% Pass

FTSE Pass

RatioValueThresholdResult
Interest-bearing debt 36.96% 33.33% Fail
Cash + interest-bearing securities 20.84% 33.33% Pass
Accounts receivable 48.83% 50.00% Pass
Non-permissible income 0.05% 5.00% Pass

Dow Jones Islamic Market Fail

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 384.69% 33.00% Fail
Cash + interest-bearing securities 216.92% 33.00% Fail
Accounts receivable 291.34% 33.00% Fail
Non-permissible income 0.05% 5.00% Pass

S&P Shariah Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 345.60% 33.00% Fail
Cash + interest-bearing securities 194.88% 49.00% Fail
Accounts receivable 261.73% 49.00% Fail
Non-permissible income 0.05% 5.00% Pass

MSCI M-Series Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 345.60% 33.33% Fail
Cash + interest-bearing securities 194.88% 33.33% Fail
Accounts receivable 456.61% 49.00% Fail
Non-permissible income 0.05% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

1.791.681.571.451.342025-09-122026-03-132026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
1.45
S2
1.46
S1
1.48
PIVOT
1.49
R1
1.51
R2
1.52
R3
1.54

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
1.38 1.61
±7.71% from 1.50, made 2026-09-10 · resolves 2026-09-17
STRONG BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 22541 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG SELL
19 indicators
OscillatorsSELL
2 buy · 2 neutral · 3 sell
Moving averagesSTRONG SELL
2 buy · 0 neutral · 10 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)47.90NEUTRAL
Stochastic %K (14)16.67BUY
CCI (20)-47.41NEUTRAL
Williams %R (14)-83.33BUY
MACD (12,26,9)-0.00SELL
ROC (10)-1.67SELL
Momentum (10)-0.02SELL
EMA (10)1.49SELL
SMA (10)1.49SELL
EMA (20)1.48SELL
SMA (20)1.48SELL
EMA (30)1.48SELL
SMA (30)1.48SELL
EMA (50)1.47SELL
SMA (50)1.47BUY
EMA (100)1.47SELL
SMA (100)1.46BUY
EMA (200)1.51SELL
SMA (200)1.49SELL

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About Econocom Group SE

Technology · Information Technology Services

Econocom Group SE designs and develops digital solutions for public and private companies in Belgium and internationally. It operates through Products & Solutions, Services, and Technology Management & Financing segments. The company engages in the sale of hardware and software products, such as PCs, tablets, servers, printers, licenses, digital objects, and systems integration. It also provides consulting, infrastructure management, application development, and integration of digital solutions; and financial solutions. Econocom Group SE was incorporated in 1982 and is based in Brussels, Belgium.

econocom.com ↗

Background via Yahoo Finance — informational, not part of the verdict.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-08 · Asset managers net 912361 (-21819)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.