Yes. As of September 2026, Egypt Aluminum Company SAE (EGAL.CA) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Egypt Aluminum Company SAE passes Musaffa's business and financial screening criteria.
Egypt Aluminium Co. engages in the production, marketing and distribution of aluminum products. The company is headquartered in Qena, Qena. The firm focuses on the production, distribution, market, import and export aluminum, raw materials, alloys and derivatives; participation in establishment of companies in different investment sectors, and real estate and financial investment activities. The Company’s aluminum plant is located at Nag Hammady, 100 kilometers north of Luxor. Egyptalum’s products include ingots, slabs, sheets, billets, plates, wires and anode blocks. As of June 30, 2012, the major shareholder of the Company was Metallurgical Industries Company with a stake of 89.97%.
Egypt Aluminum Company SAE EGAL.CA
EGP377.99 EGP6.98 (1.88%) 1D
Last Updated: Sep 10, 12:00 AM·EGX
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EGAL.CA Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Egypt Aluminum Company SAE is classified as halal.
HALAL
Report Source: undefined Quarter Report
Egypt Aluminum Company SAE (EGAL.CA) Chart
Financial Metrics & Statements of Egypt Aluminum Company SAE (EGAL.CA)
FAQ's for Egypt Aluminum Company SAE (EGAL.CA)
As of September 2026, Egypt Aluminum Company SAE EGAL.CA is classified as 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 Egypt Aluminum Company SAE using these criteria to determine its compliance status.
Muslim investors may consider investing in Egypt Aluminum Company SAE 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 Egypt Aluminum Company SAE 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 Egypt Aluminum Company SAE 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 Egypt Aluminum Company SAE 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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