No. As of October 2026, Orascom Development Egypt SAE (ORHD.CA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Orascom Development Egypt SAE does not pass Musaffa's business and financial screening criteria.
Orascom Development Egypt SAE engages in the provision of hospitality and real estate development. The firm is an integrated developer of resort towns in Egypt, with a vertically-integrated business model involving the development of residential units, hotels, and recreational facilities, such as golf courses, town centers, and marinas, in addition to supporting infrastructure, such as hospitals, schools, and utilities. The firm owns a land bank of approximately 50 million square meters across the following destinations: El Gouna, Taba Heights, Makadi Heights, Fayoum and O West, as well as more than 20 hotels with a total of approximately 5,000 rooms. The firm is a subsidiary of Orascom Development Holding (ODH).
Orascom Development Egypt SAE ORHD.CA
EGP12.00 EGP0.03 (0.25%) 1D
Last Updated: Oct 07, 12:00 AM·EGX
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ORHD.CA Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Orascom Development Egypt SAE is classified as not halal.
NOT HALAL
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FAQ's for Orascom Development Egypt SAE (ORHD.CA)
As of October 2026, Orascom Development Egypt SAE ORHD.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 Orascom Development Egypt SAE using these criteria to determine its compliance status.
Muslim investors may consider investing in Orascom Development Egypt 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 Orascom Development Egypt 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 Orascom Development Egypt 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 Orascom Development Egypt 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 Orascom Development Egypt SAE (ORHD.CA)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.