Al Fujairah National Insurance Company PJSC AFNIC.AD
AED210.00
Last Updated: Aug 22, 12:00 AM·ADX
Pricing for AE stocks is delayed by 24 hours
AFNIC.AD Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Al Fujairah National Insurance Company PJSC is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
A
Al Fujairah National Insurance Company PJSC. Stock Analysis AFNIC.AD
United Arab Emirates Financials Micro Cap 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.
Al Fujairah National Insurance Company PJSC (AFNIC.AD) Chart
Financial Metrics & Statements of Al Fujairah National Insurance Company PJSC (AFNIC.AD)
FAQ's for Al Fujairah National Insurance Company PJSC (AFNIC.AD)
- As of August 2026, Al Fujairah National Insurance Company PJSC AFNIC.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 Fujairah National Insurance Company PJSC using these criteria to determine its compliance status.
- 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.
- 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.
- 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.
- 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 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.
Alternate Halal Stocks for Al Fujairah National Insurance Company PJSC (AFNIC.AD)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
