Al Wathba National Insurance Company PJSC AWNIC.AD
AED3.26
Last Updated: Aug 13, 12:00 AM·ADX
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AWNIC.AD Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Al Wathba National Insurance Company PJSC is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Al Wathba National Insurance Company PJSC. Stock Analysis AWNIC.AD
United Arab Emirates Financials Micro Cap Al Wathba National Insurance Co. PJSC engages in the provision of general insurance and reinsurance services. The company is headquartered in Abu Dhabi, Abu Dhabi. The company went IPO on 2000-11-15. The firm is engaged in the writing of general insurance business of all classes. The Company’s business segments include motor, fire and general accident, marine and investment. The Company’s products include Individual Services that offers motor insurance, pet insurance, visit visa insurance, travel insurance, home insurance, yacht insurance and jet ski insurance; and Corporate Services that offers insurance for fire and general accident, engineering, and oil & energy, marine & aviation, and fleet insurance. The firm operates approximately two subsidiaries, AWNIC Investment Limited and Al Wathba Real Estate Development LLC.
Al Wathba National Insurance Company PJSC (AWNIC.AD) Chart
Financial Metrics & Statements of Al Wathba National Insurance Company PJSC (AWNIC.AD)
FAQ's for Al Wathba National Insurance Company PJSC (AWNIC.AD)
- As of August 2026, Al Wathba National Insurance Company PJSC AWNIC.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 Wathba National Insurance Company PJSC using these criteria to determine its compliance status.
- Muslim investors may consider investing in Al Wathba 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 Wathba 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 Wathba 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 Wathba 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.
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