Is Emirates Driving Company PJSC halal to invest in?

According to Musaffa's Shariah screening methodology, Emirates Driving Company PJSC (DRIVE.AD) is currently classified as NOT HALAL as of April 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 Emirates Driving Company 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 Emirates Driving Company PJSC using these criteria to determine its compliance status.

Can Muslims buy shares of Emirates Driving Company PJSC?

Muslim investors may consider investing in Emirates Driving 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.

Why is Emirates Driving Company PJSC classified as NOT HALAL?

Musaffa determines the Shariah status of Emirates Driving Company 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 Emirates Driving Company PJSC updated?

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

Can a halal stock like Emirates Driving Company 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 Emirates Driving Company PJSC?

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

DRIVE.AD Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 03, 2026

Report Source: 2025 Annual Report

Emirates Driving Company PJSC. Stock Analysis DRIVE.AD

United Arab Emirates Consumer Discretionary Small Cap Report: 2025 Annual

Emirates Driving Co. engages in the management and development of motor vehicles driving training. The company is headquartered in Abu Dhabi, Abu Dhabi. The company went IPO on 2005-10-24. The firm is engaged in the management and development of motor vehicles driving training. The firm offers pre-licensing courses for light vehicle, motorcycle, heavy vehicle, heavy bus, and heavy machinery, among others; post-licensing courses for school bus drivers, light vehicle defensive driving, heavy bus defensive driving, heavy motorcycle driving and eco driving, among others. ; and Specialized and Tailor-made courses that include crane operator training, safety driving awareness, and train the campaigners, among others. The firm operates a subsidiary that is Tabieah Property Investment.

Key Statistics of Emirates Driving Company PJSC (DRIVE.AD)

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

Today's Range

AED3.05AED3.12

Today's Open

AED3.12

Volume

313.69K

P/E Ratio (TTM)

10.10

52 Week Range

AED2.53AED3.80

Market Cap

3.34B

Avg. Volume

260.55K

Dividend Yield

5.45%

Financial Metrics & Statements of Emirates Driving Company PJSC (DRIVE.AD)

FAQ's for Emirates Driving Company PJSC (DRIVE.AD)

According to Musaffa’s Shariah screening methodology, Emirates Driving Company PJSC (DRIVE.AD) is currently classified as NOT HALAL as of April 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.