Is Al Buhaira National Insurance Company PSC halal to invest in?

According to Musaffa's Shariah screening methodology, Al Buhaira National Insurance Company PSC (ABNIC.AD) is currently classified as NOT HALAL as of January 2026. 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 Al Buhaira National Insurance Company PSC 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 Al Buhaira National Insurance Company PSC using these criteria to determine its compliance status.

Can Muslims buy shares of Al Buhaira National Insurance Company PSC?

Muslim investors may consider investing in Al Buhaira National Insurance Company PSC 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 Al Buhaira National Insurance Company PSC classified as NOT HALAL?

Musaffa determines the Shariah status of Al Buhaira National Insurance Company PSC 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 Al Buhaira National Insurance Company PSC updated?

The Shariah compliance status of Al Buhaira National Insurance Company PSC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Al Buhaira National Insurance Company PSC 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 Al Buhaira National Insurance Company PSC?

You can check the latest Shariah compliance status of Al Buhaira National Insurance Company PSC on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

ABNIC.AD Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 16, 2026

Report Source: 2025 3rd Quarter Report

Al Buhaira National Insurance Company PSC. Stock Analysis ABNIC.AD

United Arab Emirates Financials Micro Cap Report: Q3, 2025

Al-Buhaira National Insurance Co. engages in the insurance business. The company is headquartered in Sharjah, Sharjah. The company went IPO on 2005-02-16. The firm provides, along with its subsidiaries, all types of insurance, other than savings and accumulations of funds. The firm is organized into two main business segments: the underwriting of general insurance business segment covers all classes of general insurance, including fire, marine, motor, general accident and miscellaneous, and the Investments segment incorporates investments in marketable equity securities, term deposits with banks and investment properties. As of December 31, 2011, the Company held 100%-stake in its subsidiary, namely Al Buhaira Economic Investments Establishment. The firm operates through its head office in Sharjah, and a network of branches located in Dubai, Abu Dhabi, Al Ain, Khorfakkan, Fujairah and Ajman.

Key Statistics of Al Buhaira National Insurance Company PSC (ABNIC.AD)

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

Today's Range

AED2.49AED2.49

Today's Open

AED2.49

Volume

572.00

P/E Ratio (TTM)

52 Week Range

AED2.41AED3.05

Market Cap

687.50M

Avg. Volume

849.40

Dividend Yield

Financial Metrics & Statements of Al Buhaira National Insurance Company PSC (ABNIC.AD)

FAQ's for Al Buhaira National Insurance Company PSC (ABNIC.AD)

According to Musaffa’s Shariah screening methodology, Al Buhaira National Insurance Company PSC (ABNIC.AD) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.