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Shariah compliance overview

Not Halal

Codere Online Luxembourg, S.A. (CDRO) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Codere Online Luxembourg, S.A.

Specializing in the digital gambling sector, Codere Online Luxembourg, S.A. provides an array of online casino games and sports betting services. Its core operational footprint spans several countries, notably Spain, Italy, Mexico, Colombia, Panama, and Argentina.

Codere Online Luxembourg, S.A. (CDRO) operates in the Consumer Cyclical sector, in the Gambling, Resorts & Casinos industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

Business Activity
99.75%Limit 5%Fail
Interest-bearing debt
0.64%Limit 30%Pass
Interest-bearing securities and assets
21.14%Limit 30%Pass
Dividend purification
99.75%Share of dividends to give to charityPurification calculator

Last updated: Oct 23, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Codere Online Luxembourg, S.A. (CDRO). Current Akinda screening label: Not Halal.