GYCD.TU Shariah Compliance
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Grand City Properties SA. Stock Analysis GYCD.TU
Grand City Properties SA engages in the business of developing residential real estate and investing in value-add opportunities in densely populated areas. The firm is focused on the acquisition and management of residential properties in Germany, especially in large urban high-density areas. The firm intends to hold the majority of acquired properties in its own portfolio on a long term basis. The company has its properties in such German cities as Berlin, Dortmund, Hagen, among others.
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Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.