Is Ezz Steel Co SAE halal to invest in?

According to Musaffa's Shariah screening methodology, Ezz Steel Co SAE (ESRS.CA) is currently classified as NOT HALAL as of March 2025. 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 Ezz Steel 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 Ezz Steel Co SAE using these criteria to determine its compliance status.

Can Muslims buy shares of Ezz Steel Co SAE?

Muslim investors may consider investing in Ezz Steel 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 Ezz Steel Co SAE classified as NOT HALAL?

Musaffa determines the Shariah status of Ezz Steel 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 Ezz Steel Co SAE updated?

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

Can a halal stock like Ezz Steel 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 Ezz Steel Co SAE?

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

ESRS.CA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 18, 2025

Report Source: 2024 2nd Quarter Report

Ezz Steel Co SAE. Stock Analysis ESRS.CA

Egypt Materials Small Cap Report: Q2, 2024

Ezz Steel Co. S.A.E.engages in the production and marketing of steel products, which include steel rebar, wire rod and welded wire mesh, and hot rolled coil.The company was founded on April 2, 1994 and is headquartered in Cairo, Egypt. The company is headquartered in Cairo, Cairo. The firm produces long steel that is typically used in construction and flat steel products that is typically used in consumer and industrial goods. The Company’s products include rebar, wire rod and flat steel, welded steel fabric. The firm produces both long and flat steel products at its integrated facilities which include Ezz Steel Co. in Sadat City, Al Ezz Dekheila Steel Co. (EZDK) in Alexandria, Ezz Flat Steel Co. in Suez and Ezz Rolling Mills Co. in 10th of Ramadan City and Suez. The firm operates in Egypt, and the Middle East and North Africa (MENA) and exports its long and flat steel products to many countries around the world.

Key Statistics of Ezz Steel Co SAE (ESRS.CA)

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

Today's Range

EGP141.00EGP144.00

Today's Open

EGP141.00

Volume

1014.00

P/E Ratio (TTM)

52 Week Range

EGP120.50EGP149.98

Market Cap

76.42B

Avg. Volume

2617.50

Dividend Yield

Financial Metrics & Statements of Ezz Steel Co SAE (ESRS.CA)

FAQ's for Ezz Steel Co SAE (ESRS.CA)

According to Musaffa’s Shariah screening methodology, Ezz Steel Co SAE (ESRS.CA) is currently classified as NOT HALAL as of March 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.