Is ALEC Holdings PJSC halal to invest in?

According to Musaffa's Shariah screening methodology, ALEC Holdings PJSC (ALEC.DB) is currently classified as HALAL as of March 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 ALEC Holdings 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 ALEC Holdings PJSC using these criteria to determine its compliance status.

Can Muslims buy shares of ALEC Holdings PJSC?

Muslim investors may consider investing in ALEC Holdings 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 ALEC Holdings PJSC classified as HALAL?

Musaffa determines the Shariah status of ALEC Holdings 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 ALEC Holdings PJSC updated?

The Shariah compliance status of ALEC Holdings PJSC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like ALEC Holdings 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 ALEC Holdings PJSC?

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

ALEC.DB Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 31, 2026

Report Source: 2025 Annual Report

ALEC Holdings PJSC. Stock Analysis ALEC.DB

United Arab Emirates Industrials Small Cap Report: 2025 Annual

ALEC Holdings PJSC provides building construction services. The company is headquartered in Dubai, Dubai. The company went IPO on 2025-10-15. The company operates four segments including building and infrastructure construction services, energy, related activities, and corporate activities. The company carries out engineering and construction contracting that includes installations, industrial process plants, infrastructure developments, earth and civil works, building construction, structural steelwork, mechanical works, process piping, electrical works, and maintenance, shutdown, and turnaround services for various process facilities. The company undertakes general contracting services in civil, mechanical, electrical, and marine engineering for both onshore and offshore industrial and oil and gas projects, as well as commercial developments. The company also provides scaffolding installation, building maintenance, and supports investment, establishment, and management of industrial projects through its group functions. The company is a subsidiary of Investment Corporation of Dubai.

Key Statistics of ALEC Holdings PJSC (ALEC.DB)

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

Today's Range

AED1.38AED1.41

Today's Open

AED1.41

Volume

1.38M

P/E Ratio (TTM)

10.35

52 Week Range

AED1.24AED1.85

Market Cap

7.00B

Avg. Volume

3.50M

Dividend Yield

Financial Metrics & Statements of ALEC Holdings PJSC (ALEC.DB)

FAQ's for ALEC Holdings PJSC (ALEC.DB)

According to Musaffa’s Shariah screening methodology, ALEC Holdings PJSC (ALEC.DB) is currently classified as HALAL as of March 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.