Is Electro Cable Egypt Co SAE halal to invest in?

According to Musaffa's Shariah screening methodology, Electro Cable Egypt Co SAE (ELEC.CA) 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 Electro Cable Egypt Co SAE 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 Electro Cable Egypt Co SAE using these criteria to determine its compliance status.

Can Muslims buy shares of Electro Cable Egypt Co SAE?

Muslim investors may consider investing in Electro Cable Egypt Co 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.

Why is Electro Cable Egypt Co SAE classified as NOT HALAL?

Musaffa determines the Shariah status of Electro Cable Egypt Co SAE 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 Electro Cable Egypt Co SAE updated?

The Shariah compliance status of Electro Cable Egypt Co SAE may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Electro Cable Egypt Co SAE 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 Electro Cable Egypt Co SAE?

You can check the latest Shariah compliance status of Electro Cable Egypt Co SAE on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

ELEC.CA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 21, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Electro Cable Egypt Co SAE (ELEC.CA)

Based on 9 analysts giving stock ratings to Electro Cable Egypt Co SAE in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Electro Cable Egypt Co SAE. Stock Analysis ELEC.CA

Egypt Industrials Micro Cap Report: 2025 Annual

Electro Cable Egypt Co. engages in the manufacture and export of power and telecommunication cables and wires. The company is headquartered in Cairo, Cairo. The firm manufactures and distributes power and telecommunication cables and wires in Egypt and abroad. Its product portfolio includes low, medium and high tension power cables, isolated cables and telephone communication cables. The company provides its products and services to the electricity sector companies and agencies, construction sector companies and agencies, telecommunication agencies and enterprises and military departments on the local market level. ECE’s exports its products to United Arab Emirates, Tunisia, Sudan, Syria, Iraq, Algeria, Kenya, Zimbabwe, Congo, Romania, Cyprus and Malta.

Key Statistics of Electro Cable Egypt Co SAE (ELEC.CA)

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

Today's Range

EGP2.19EGP2.25

Today's Open

EGP2.20

Volume

31.44M

P/E Ratio (TTM)

14.67

52 Week Range

EGP1.90EGP3.36

Market Cap

7.29B

Avg. Volume

18.91M

Dividend Yield

3.80%

Financial Metrics & Statements of Electro Cable Egypt Co SAE (ELEC.CA)

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FAQ's for Electro Cable Egypt Co SAE (ELEC.CA)

According to Musaffa’s Shariah screening methodology, Electro Cable Egypt Co SAE (ELEC.CA) 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.