As of August 2026, Emirates Insurance Company PSC is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Emirates Insurance Company PSC. Stock Analysis EIC.AD
United Arab Emirates Financials Small Cap
Emirates Insurance Co. PSC engages in the provision of general insurance and reinsurance services. The company is headquartered in Abu Dhabi, Abu Dhabi. The company went IPO on 2000-12-09. The firm is organised into two main business segments: Underwriting of general insurance business that incorporates all classes of general insurance such as fire, marine, motor, general accident and miscellaneous; and Investments that incorporates investments in marketable equity securities and investment funds, bonds, term deposits with banks and investment properties and other securities. The Company’s solutions include property insurance, engineering and construction, general accident, health and life, motor insurance, speciality lines, liability insurance, oil and gas insurance, package products, marine insurance, motor insurance, home insurance, and energy reinsurance, among others. The firm operates through its head office in Abu Dhabi and branch offices in Dubai, Al Ain and Jebel Ali Freezone.
Emirates Insurance Company PSC (EIC.AD) Chart
Financial Metrics & Statements of Emirates Insurance Company PSC (EIC.AD)
FAQ's for Emirates Insurance Company PSC (EIC.AD)
As of August 2026, Emirates Insurance Company PSC EIC.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 Emirates Insurance Company PSC using these criteria to determine its compliance status.
Muslim investors may consider investing in Emirates Insurance Company PSC 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 Emirates Insurance Company PSC 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 Emirates Insurance Company PSC 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 Emirates Insurance Company PSC 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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