Is Al Sagr National Insurance Co PSC halal to invest in?

According to Musaffa's Shariah screening methodology, Al Sagr National Insurance Co PSC (ASNIC.DB) 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 Sagr National Insurance Co 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 Sagr National Insurance Co PSC using these criteria to determine its compliance status.

Can Muslims buy shares of Al Sagr National Insurance Co PSC?

Muslim investors may consider investing in Al Sagr National Insurance Co 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 Sagr National Insurance Co PSC classified as NOT HALAL?

Musaffa determines the Shariah status of Al Sagr National Insurance Co 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 Sagr National Insurance Co PSC updated?

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

Can a halal stock like Al Sagr National Insurance Co 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 Sagr National Insurance Co PSC?

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

ASNIC.DB Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 19, 2026

Report Source: 2025 3rd Quarter Report

Al Sagr National Insurance Co PSC. Stock Analysis ASNIC.DB

United Arab Emirates Financials Nano Cap Report: Q3, 2025

Al Sagr National Insurance Co. PSC engages in the provision of insurance services. The firm is engaged in writing of insurance of all classes of general and life insurance. The firm offers insurance and reinsurance products and services for individuals, families, small and medium enterprise (SME) and corporate groups. The firm is organized into two segments which are general insurance, life assurance and investments. The Individual products of the Company include medical insurance, life insurance, travel insurance, motor insurance, yachts and Pleasure, crafts insurance. The Corporate products of the Company include group medical insurance, group life insurance, motor fleet insurance, marine cargo insurance, marine hull insurance, property insurance, engineering insurance, liability insurance and Miscellaneous Insurance.

Key Statistics of Al Sagr National Insurance Co PSC (ASNIC.DB)

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

Today's Range

AED0.66AED0.66

Today's Open

AED0.66

Volume

P/E Ratio (TTM)

52 Week Range

AED0.25AED0.66

Market Cap

155.94M

Avg. Volume

Dividend Yield

Financial Metrics & Statements of Al Sagr National Insurance Co PSC (ASNIC.DB)

FAQ's for Al Sagr National Insurance Co PSC (ASNIC.DB)

According to Musaffa’s Shariah screening methodology, Al Sagr National Insurance Co PSC (ASNIC.DB) 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.