Is Al Fujairah National Insurance Company PJSC halal to invest in?

According to Musaffa's Shariah screening methodology, Al Fujairah National Insurance Company PJSC (AFNIC.AD) is currently classified as NOT HALAL as of April 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 Fujairah National Insurance Company PJSC 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 Fujairah National Insurance Company PJSC using these criteria to determine its compliance status.

Can Muslims buy shares of Al Fujairah National Insurance Company PJSC?

Muslim investors may consider investing in Al Fujairah National Insurance Company PJSC 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 Fujairah National Insurance Company PJSC classified as NOT HALAL?

Musaffa determines the Shariah status of Al Fujairah National Insurance Company PJSC 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 Fujairah National Insurance Company PJSC updated?

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

Can a halal stock like Al Fujairah National Insurance Company PJSC 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 Fujairah National Insurance Company PJSC?

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

AFNIC.AD Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 06, 2026

Report Source: 2025 Annual Report

Al Fujairah National Insurance Company PJSC. Stock Analysis AFNIC.AD

United Arab Emirates Financials Micro Cap Report: 2025 Annual

Al Fujairah National Insurance Co. PSC engages in the provision of insurance and reinsurance services. The company is headquartered in Fujairah City, Fujairah. The company went IPO on 2007-05-23. The firm is organized in two main business segments which include Underwriting, and Investments. Underwriting segment engaged in general insurance business incorporating all classes of general insurance including fire, marine, motor, medical, general accident, and miscellaneous. Investments segment incorporates investments in UAE marketable equity securities, fixed deposits with banks and investment properties. The Company’s insurance services include Tenants Compensation Insurance, Homeowners Package Insurance, Worldwide Personal Accident Insurance, Car insurance, Engineering & Projects, Aviation Insurance, Energy Insurance, Liability Insurance, Medical Insurance, Marine Insurance, Property Insurance, Miscellaneous Insurance, Group Life Insurance, Group Medical Insurance, Travel Insurance, etc.

Key Statistics of Al Fujairah National Insurance Company PJSC (AFNIC.AD)

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

Today's Range

AED210.00AED210.00

Today's Open

AED210.00

Volume

415.00

P/E Ratio (TTM)

3.91

52 Week Range

AED210.00AED210.00

Market Cap

279.51M

Avg. Volume