Is International Company for Leasing SAE Stock Halal?
Shariah Compliance Analysis of ICLE.CA Stock
Egypt Financials Nano Cap
No. As of September 2026, International Company for Leasing SAE (ICLE.CA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. International Company for Leasing SAE does not pass Musaffa's business and financial screening criteria.
International Co. for Leasing SAE engages in the provision of financial leasing and rental services. The company is headquartered in Giza, Giza. The company went IPO on 2005-03-30. The firm leases a range of assets, including commercial vehicles, machinery, information technology (IT) equipment (hardware and software), production lines, real estate, and others tangible and intangible long term assets. The Company’s leasing options include Capital Lease, Residual Payments and Step up - Step down. The Company’s major shareholders include Societe Arab International Bank, Misr Insurance Co., Misr Life insurance Co., Banque Misr, Arab Investment Co., British Arab Commercial Bank, National Investment Bank and Faisal Islamic Bank of Egypt, among others.
International Company for Leasing SAE ICLE.CA
EGP18.91
Last Updated: Jul 30, 12:00 AM·EGX
Pricing for EG stocks is delayed by 24 hours
ICLE.CA Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, International Company for Leasing SAE is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
International Company for Leasing SAE (ICLE.CA) Chart
Financial Metrics & Statements of International Company for Leasing SAE (ICLE.CA)
FAQ's for International Company for Leasing SAE (ICLE.CA)
As of September 2026, International Company for Leasing SAE ICLE.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 International Company for Leasing SAE using these criteria to determine its compliance status.
Muslim investors may consider investing in International Company for Leasing 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 International Company for Leasing 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 International Company for Leasing 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 International Company for Leasing 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 International Company for Leasing SAE (ICLE.CA)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.