Is Cairo for Housing and Development Co SAE halal to invest in?

According to Musaffa's Shariah screening methodology, Cairo for Housing and Development Co SAE (ELKA.CA) is currently classified as NOT HALAL as of May 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 Cairo for Housing and Development 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 Cairo for Housing and Development Co SAE using these criteria to determine its compliance status.

Can Muslims buy shares of Cairo for Housing and Development Co SAE?

Muslim investors may consider investing in Cairo for Housing and Development 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 Cairo for Housing and Development Co SAE classified as NOT HALAL?

Musaffa determines the Shariah status of Cairo for Housing and Development 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 Cairo for Housing and Development Co SAE updated?

The Shariah compliance status of Cairo for Housing and Development Co SAE may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Cairo for Housing and Development 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 Cairo for Housing and Development Co SAE?

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

ELKA.CA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 15, 2026

Report Source: 2025 Annual Report

Cairo for Housing and Development Co SAE. Stock Analysis ELKA.CA

Egypt Real Estate Nano Cap Report: 2025 Annual

El Kahera Housing engages in real estate and housing development sector. The company is headquartered in Cairo, Cairo. The Company’s main activities include acquiring, selling and leasing lands and buildings; city planning and infrastructure construction activities; housing, touristic and leisure projects planning and construction, and real estate projects build operate transfer (BOT) operations. In addition, it provides engineering and architecture designs consulting services.

Key Statistics of Cairo for Housing and Development Co SAE (ELKA.CA)

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

Today's Range

EGP1.20EGP1.25

Today's Open

EGP1.20

Volume

40.19M

P/E Ratio (TTM)

3.75

52 Week Range

EGP0.70EGP1.57

Market Cap

2.14B

Avg. Volume

33.44M

Dividend Yield

0.03%

Financial Metrics & Statements of Cairo for Housing and Development Co SAE (ELKA.CA)

FAQ's for Cairo for Housing and Development Co SAE (ELKA.CA)

According to Musaffa’s Shariah screening methodology, Cairo for Housing and Development Co SAE (ELKA.CA) is currently classified as NOT HALAL as of May 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.