

Glomac Bhd GLOCF
GLOCF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Glomac Bhd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report

Glomac Bhd. Stock Analysis GLOCF
Glomac Bhd.is an investment holding company, which engages in the business of property development. The company is headquartered in Kuala Lumpur, Wilayah Persekutuan and currently employs 195 full-time employees. The company went IPO on 2000-06-13. The Company, through its subsidiaries, is involved in the real estate business encompassing property development, property investment, construction, and property management. Its segments include Property Development, Construction, Property Investment, and Other. The Property development segment is engaged in the development of land into residential and commercial properties for sale and sale of vacant land. The Construction segment is engaged in the construction of buildings. The Property investment segment is engaged in the investment of land and buildings held for investment potential. Its Other segment is engaged in property management services. The company provides car park management and consultancy services ranging from pre-operations to operations, including audit control, customer service, car park design to system engineering and maintenance. Its projects include Menara Glomac and Glo Damansara Mall.
Glomac Bhd (GLOCF) Chart
Financial Metrics & Statements of Glomac Bhd (GLOCF)
FAQ's for Glomac Bhd (GLOCF)
- As of August 2026, Glomac Bhd GLOCF 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 Glomac Bhd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Glomac Bhd 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 Glomac Bhd 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 Glomac Bhd 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 Glomac Bhd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Glomac Bhd (GLOCF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
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