Is Palm Hills Development Company SAE Stock Halal?
Shariah Compliance Analysis of PHDC.CA Stock
Egypt Real Estate Small Cap
No. As of October 2026, Palm Hills Development Company SAE (PHDC.CA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Palm Hills Development Company SAE does not pass Musaffa's business and financial screening criteria.
Palm Hills Development Co. operates as a real estate development company that develops new cities & urban communities, and land reclamation. The firm focuses on the real estate investment in the new cities and urban communities, land reclamation and cultivation, and other activities associated with the Company’s operations. The firm is primarily engaged in developing integrated residential, commercial real estate and resort projects. The firm maintains a roster of 19 launched, and 10 projects under construction, located nationwide and in the region. The Company’s projects include Palm Hills October, which is a residential community, offering luxurious villas, town and twin houses; The Palm Club, which is a stand-alone sports and recreational facility located in Palm Hills October; Palm Hills Katameya Extension, which offers twin and town houses, villas and stand-alone, and CASA, which consists of apartment buildings on the Cairo-Alexandria road, among others.
Palm Hills Development Company SAE PHDC.CA
EGP12.93 EGP0.02 (0.15%) 1D
Last Updated: Oct 07, 12:00 AM·EGX
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PHDC.CA Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Palm Hills Development Company SAE is classified as not halal.
NOT HALAL
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Financial Metrics & Statements of Palm Hills Development Company SAE (PHDC.CA)
FAQ's for Palm Hills Development Company SAE (PHDC.CA)
As of October 2026, Palm Hills Development Company SAE PHDC.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 Palm Hills Development Company SAE using these criteria to determine its compliance status.
Muslim investors may consider investing in Palm Hills Development 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 Palm Hills Development 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 Palm Hills Development 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 Palm Hills Development 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 Palm Hills Development Company SAE (PHDC.CA)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.