Al Buhaira National Insurance Company PSC ABNIC.AD
AED2.80
Last Updated: Jul 30, 12:00 AM·ADX
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ABNIC.AD Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Al Buhaira National Insurance Company PSC is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Al Buhaira National Insurance Company PSC. Stock Analysis ABNIC.AD
United Arab Emirates Financials Micro Cap 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.
Al Buhaira National Insurance Company PSC (ABNIC.AD) Chart
Financial Metrics & Statements of Al Buhaira National Insurance Company PSC (ABNIC.AD)
FAQ's for Al Buhaira National Insurance Company PSC (ABNIC.AD)
- As of August 2026, Al Buhaira National Insurance Company PSC ABNIC.AD is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
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