No. As of September 2026, Housing and Development Bank SAE (HDBK.CA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Housing and Development Bank SAE does not pass Musaffa's business and financial screening criteria.
Housing & Development Bank engages in the provision of banking and financial services. The Bank is organized into four business segments: the Large, Small and Medium sized organizations segment includes current and deposit accounts, loans, credit facilities and financial derivatives; the Investment segment includes mergers and acquisitions, financing and other financial instruments; the Personal segment offers current, savings and deposit accounts, credit cards, personal and real estate loans, and the Other activities segment includes other banking operations, such as fund management. The Bank also contributes in alleviating the housing problem by narrowing between housing offer and demand across Egypt through the establishment of an integrated group of housing projects.
Housing and Development Bank SAE HDBK.CA
EGP109.50 EGP2.90 (2.58%) 1D
Last Updated: Sep 10, 12:00 AM·EGX
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HDBK.CA Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Housing and Development Bank SAE is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Housing and Development Bank SAE (HDBK.CA) Chart
Financial Metrics & Statements of Housing and Development Bank SAE (HDBK.CA)
FAQ's for Housing and Development Bank SAE (HDBK.CA)
As of September 2026, Housing and Development Bank SAE HDBK.CA 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 Housing and Development Bank SAE using these criteria to determine its compliance status.
Muslim investors may consider investing in Housing and Development Bank 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.
Musaffa determines the Shariah status of Housing and Development Bank SAE 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 Housing and Development Bank SAE 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 Housing and Development Bank SAE 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 Housing and Development Bank SAE (HDBK.CA)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.