Is Sixth of October Development and Investment Co SAE Stock Halal?
Shariah Compliance Analysis of OCDI.CA Stock
Egypt Real Estate Small Cap
No. As of September 2026, Sixth of October Development and Investment Co SAE (OCDI.CA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Sixth of October Development and Investment Co SAE does not pass Musaffa's business and financial screening criteria.
Six of October Development & Investment (SODIC) engages in real estate development business. The company is headquartered in Giza, Giza. The firm is specialized in lands acquisition and subdivision for the purpose of properties development, selling or leasing; construction and integrated construction activities and operations as well as other supplementary works; building, selling and leasing all various kinds of real estate properties; urban communities development; working in the field of tourist development and in all tourist establishments field including building , managing , selling or utilizing hotels, motels, restaurants and tourist villages, as well as sporting, entertainment, medical and educational buildings. The Company’s subsidiaries include, among others, SODIC Real Estate Services Company, Sixth of October for Development & Real Estate Projects and Move-In for Advanced Contracting Co SAE.
Sixth of October Development and Investment Co SAE OCDI.CA
EGP30.50 EGP1.47 (4.60%) 1D
Last Updated: Sep 14, 12:00 AM·EGX
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OCDI.CA Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Sixth of October Development and Investment Co SAE is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Sixth of October Development and Investment Co SAE (OCDI.CA) Chart
Financial Metrics & Statements of Sixth of October Development and Investment Co SAE (OCDI.CA)
FAQ's for Sixth of October Development and Investment Co SAE (OCDI.CA)
As of September 2026, Sixth of October Development and Investment Co SAE OCDI.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 Sixth of October Development and Investment Co SAE using these criteria to determine its compliance status.
Muslim investors may consider investing in Sixth of October Development and Investment Co 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 Sixth of October Development and Investment Co 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 Sixth of October Development and Investment Co 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 Sixth of October Development and Investment Co 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 Sixth of October Development and Investment Co SAE (OCDI.CA)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.