Damac Properties Dubai PJSC Co DAMAC.DB
AED1.09 AED0.01 (0.93%) 1D
Last Updated: Oct 07, 12:00 AM·DFM
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DAMAC.DB Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Damac Properties Dubai PJSC Co is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Damac Properties Dubai PJSC Co. Stock Analysis DAMAC.DB
United Arab Emirates Real Estate Mid Cap DAMAC Properties was established in 2002, as a private, residential, leisure and commercial developer in Dubai and the Middle East. The company is headquartered in Dubai, Dubai. The company went IPO on 2015-01-12. The firm develops residential, leisure and commercial properties in Dubai and Middle East. The Company’s projects include Vantage; the Drive AKOYA; Majestine Allure; Burj DAMAC Waterfront; AKOYA by DAMAC; AKOYA Oxygen; the Jewels; Prive; the Distinction; Celestia; Bay's Edge; NAIA, Jebel Ali; Burj DAMAC Marina; Lincoln Park; Madison Residences; Emirates Gardens; Lakeside, and Emirates Gardens 2.
Damac Properties Dubai PJSC Co (DAMAC.DB) Chart
Financial Metrics & Statements of Damac Properties Dubai PJSC Co (DAMAC.DB)
FAQ's for Damac Properties Dubai PJSC Co (DAMAC.DB)
- As of August 2026, Damac Properties Dubai PJSC Co DAMAC.DB 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 Damac Properties Dubai PJSC Co using these criteria to determine its compliance status.
- Muslim investors may consider investing in Damac Properties Dubai PJSC Co 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 Damac Properties Dubai PJSC Co 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 Damac Properties Dubai PJSC Co 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 Damac Properties Dubai PJSC Co 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 Damac Properties Dubai PJSC Co (DAMAC.DB)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
