No. As of September 2026, Misr Cement Company SAE (MCQE.CA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Misr Cement Company SAE does not pass Musaffa's business and financial screening criteria.
Misr Cement Co. (Qena) engages in the manufacture and trade of different types of cement and related products. The company is headquartered in Qina, Qena. The company went IPO on 2000-06-18. In addition, the Company is involved in the production and distribution of construction materials, as well s dealing in all types of construction supplies and equipment. During 2011, the Company produced around 1,776 million tons of clinker and around 1,920 million tons of cement. As of December 31, 2011, the Company held 20% stake in South Upper Egypt for Plastic Bags Manufacturing and 45% stake in Asec Ready Mix Concrete Company. The Company’s major shareholders included Misr Insurance, Kuwaiti Egyptian Investment Com and Misr Capital Investments. The firm markets its products in local and international markets.
Misr Cement Company SAE MCQE.CA
EGP249.94 EGP4.94 (2.02%) 1D
Last Updated: Sep 07, 12:00 AM·EGX
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MCQE.CA Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Misr Cement Company SAE is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Misr Cement Company SAE (MCQE.CA) Chart
Financial Metrics & Statements of Misr Cement Company SAE (MCQE.CA)
FAQ's for Misr Cement Company SAE (MCQE.CA)
As of September 2026, Misr Cement Company SAE MCQE.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 Misr Cement Company SAE using these criteria to determine its compliance status.
Muslim investors may consider investing in Misr Cement Company 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 Misr Cement Company 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 Misr Cement Company 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 Misr Cement Company 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 Misr Cement Company SAE (MCQE.CA)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.