Is Sixth of October Development and Investment Co SAE halal to invest in?

According to Musaffa's Shariah screening methodology, Sixth of October Development and Investment Co SAE (OCDI.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 Sixth of October Development and Investment Co SAE 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 Sixth of October Development and Investment Co SAE using these criteria to determine its compliance status.

Can Muslims buy shares of Sixth of October Development and Investment Co SAE?

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.

Why is Sixth of October Development and Investment Co SAE classified as NOT HALAL?

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.

How often is the Shariah compliance for Sixth of October Development and Investment Co SAE updated?

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.

Where can I check the Shariah status of Sixth of October Development and Investment Co SAE?

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.

OCDI.CA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 23, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Sixth of October Development and Investment Co SAE (OCDI.CA)

Based on 7 analysts giving stock ratings to Sixth of October Development and Investment Co SAE in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Sixth of October Development and Investment Co SAE. Stock Analysis OCDI.CA

Q: Can a halal stock like Sixth of October Development and Investment Co SAE 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.

Egypt Real Estate Small Cap Report: 2025 Annual

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.

Key Statistics of Sixth of October Development and Investment Co SAE (OCDI.CA)

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

Today's Range

EGP22.80EGP23.67

Today's Open

EGP23.30

Volume

3.09M

P/E Ratio (TTM)

6.56

52 Week Range

EGP14.60EGP67.04

Market Cap

28.17B

Avg. Volume

3.48M

Dividend Yield

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)

According to Musaffa’s Shariah screening methodology, Sixth of October Development and Investment Co SAE (OCDI.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.