NMDC Group PJSC NMDC.AD
AED22.32 AED0.32 (1.41%) 1D
Last Updated: Aug 13, 12:00 AM·ADX
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NMDC.AD Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, NMDC Group PJSC is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
NMDC Group PJSC. Stock Analysis NMDC.AD
United Arab Emirates Industrials Mid Cap National Marine Dredging Co. engages in the provision of dredging, reclamation, and marine construction services. The company is headquartered in Abu Dhabi, Abu Dhabi. The company went IPO on 2000-11-15. The firm is primarily engaged in the execution of engineering, procurement and construction contracts, dredging contracts and associated land reclamation works in the territorial waters of the United Arab Emirates. The firm also operates in other jurisdictions in the region including Bahrain, Egypt, Saudi Arabia and India through its subsidiaries, branches and joint operation. The firm is organized into two segments which include dredging and marine, energy. The Subsidiaries of the Company include ADEC Engineering Consultancy L.L.C., Abu Dhabi Marine Dredging Co S.P.C, National Marine and Infrastructure India Private Limited and others.
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Financial Metrics & Statements of NMDC Group PJSC (NMDC.AD)
FAQ's for NMDC Group PJSC (NMDC.AD)
- As of August 2026, NMDC Group PJSC NMDC.AD 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 NMDC Group PJSC using these criteria to determine its compliance status.
- Muslim investors may consider investing in NMDC Group PJSC 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 NMDC Group PJSC 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 NMDC Group PJSC 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 NMDC Group PJSC 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 NMDC Group PJSC (NMDC.AD)
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