Is Al Ezz Dekheila Steel Company Alexandria SAE Stock Halal?
Shariah Compliance Analysis of IRAX.CA Stock
Egypt Materials Small Cap
No. As of September 2026, Al Ezz Dekheila Steel Company Alexandria SAE (IRAX.CA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Al Ezz Dekheila Steel Company Alexandria SAE does not pass Musaffa's business and financial screening criteria.
Al Ezz Dekheila Steel Company Alexandria SAE (EZDK) is an Egypt-based engaged in the manufacture and production of steel in different types and forms. The company is headquartered in Cairo, Cairo. The Company’s direct subsidiaries include Al Ezz Steel Sheet Manufacturing Company SAE, which focuses on the production of coil and rolled flat steel strips, and Steel Company for Industry, Trade and Contracting Company (Contrasteel) SAE, which is focused on the manufacture and trade in all types of metal and metal products. The firm also holds shares indirectly in Egypt Company for the Manufacture of Pipes Supplies and Casting SAE, which is engaged in manufacturing pipe supplies and construction supplies, as well as mechanical equipments. The firm is 55%-owned by Al Ezz Steel Rebars.
Al Ezz Dekheila Steel Company Alexandria SAE IRAX.CA
EGP1,250.00
Last Updated: Sep 02, 12:00 AM·EGX
Pricing for EG stocks is delayed by 24 hours
IRAX.CA Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Al Ezz Dekheila Steel Company Alexandria SAE is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Al Ezz Dekheila Steel Company Alexandria SAE (IRAX.CA) Chart
Financial Metrics & Statements of Al Ezz Dekheila Steel Company Alexandria SAE (IRAX.CA)
FAQ's for Al Ezz Dekheila Steel Company Alexandria SAE (IRAX.CA)
As of September 2026, Al Ezz Dekheila Steel Company Alexandria SAE IRAX.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 Al Ezz Dekheila Steel Company Alexandria SAE using these criteria to determine its compliance status.
Muslim investors may consider investing in Al Ezz Dekheila Steel Company Alexandria 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 Al Ezz Dekheila Steel Company Alexandria 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 Al Ezz Dekheila Steel Company Alexandria 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 Al Ezz Dekheila Steel Company Alexandria 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 Al Ezz Dekheila Steel Company Alexandria SAE (IRAX.CA)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.