Is Iron and Steel for Mines and Quarries halal to invest in?

According to Musaffa's Shariah screening methodology, Iron and Steel for Mines and Quarries (ISMQ.CA) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Iron and Steel for Mines and Quarries a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Iron and Steel for Mines and Quarries using these criteria to determine its compliance status.

Can Muslims buy shares of Iron and Steel for Mines and Quarries?

Muslim investors may consider investing in Iron and Steel for Mines and Quarries if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Iron and Steel for Mines and Quarries classified as NOT HALAL?

Musaffa determines the Shariah status of Iron and Steel for Mines and Quarries by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Iron and Steel for Mines and Quarries updated?

The Shariah compliance status of Iron and Steel for Mines and Quarries may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Iron and Steel for Mines and Quarries become non-compliant?

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.

Where can I check the Shariah status of Iron and Steel for Mines and Quarries?

You can check the latest Shariah compliance status of Iron and Steel for Mines and Quarries on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

ISMQ.CA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 29, 2026

Report Source: 2026 2nd Quarter Report

Iron and Steel for Mines and Quarries. Stock Analysis ISMQ.CA

Egypt Materials Micro Cap Report: Q2, 2026

Iron & Steel for Mines & Quarries Co. engages in iron and steel mining and quarrying activities.

Key Statistics of Iron and Steel for Mines and Quarries (ISMQ.CA)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

EGP7.77EGP7.94

Today's Open

EGP7.90

Volume

4.70M

P/E Ratio (TTM)

11.00

52 Week Range

EGP4.20EGP8.10

Market Cap

7.33B

Avg. Volume

7.81M

Dividend Yield

4.40%

Financial Metrics & Statements of Iron and Steel for Mines and Quarries (ISMQ.CA)

FAQ's for Iron and Steel for Mines and Quarries (ISMQ.CA)

According to Musaffa’s Shariah screening methodology, Iron and Steel for Mines and Quarries (ISMQ.CA) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.