City Developments Ltd CDEVY
$6.20
Last Updated: Aug 20, 12:00 AM·OOTC
Pricing for US stocks is delayed by 24 hours
CDEVY Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, City Developments Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
City Developments Ltd. Stock Analysis CDEVY
United States Real Estate Mid Cap City Developments Ltd. is an investment holding company, which engages in property development and ownership. The company employs 9,546 full-time employees The Company’s diverse portfolio comprises residences, offices, hotels, serviced apartments, student accommodation, retail malls and integrated developments. The firm's segments include Property development, Hotel operations, Investment properties and Others. The Property development segment is engaged in developing and purchasing properties for sale. The Hotel operations segment owns and manages hotels. The Investment properties segment is engaged in developing and purchasing investment properties for lease. The Others segment comprises investment in shares, management and consultancy services, and provision of laundry services. The company has developed over 53,000 homes and owns around 23,006,356 square meters feet of gross floor area in residential for lease, commercial and hospitality assets globally and has over 161 hotels worldwide.
City Developments Ltd (CDEVY) Chart
Financial Metrics & Statements of City Developments Ltd (CDEVY)
FAQ's for City Developments Ltd (CDEVY)
- As of August 2026, City Developments Ltd CDEVY 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 City Developments Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in City Developments Ltd 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 City Developments Ltd 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 City Developments Ltd 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 City Developments Ltd 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 City Developments Ltd (CDEVY)
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