RAK Properties PJSC RAKPROP.AD
AED1.06 AED0.01 (0.93%) 1D
Last Updated: Aug 13, 12:00 AM·ADX
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RAKPROP.AD Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, RAK Properties PJSC is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
RAK Properties PJSC. Stock Analysis RAKPROP.AD
United Arab Emirates Real Estate Small Cap RAK Properties PJSC engages in the development and management of real estate properties. The company is headquartered in Ras Al Khaimah City, Ras Al-Khaimah. The company went IPO on 2005-10-30. The firm purchases, develops, sells and manages residential, commercial, touristic and industrial properties in the United Arab Emirates. The Company’s projects include Mina Al Arab, which consists of villas, townhomes and apartments; Julfar Towers, which consists of residential and commercial complexes in Julfar city; RAK Tower, which is a residential building located near Abu Dhabi, and Julfar Residence, which comprises luxury residential apartments located at the City of Lights on the Al Reem Island in Abu Dhabi. The Company’s wholly owned subsidiaries include RAK Properties International Limited, RAK Properties Tanzania Limited and Dolphin Marina Limited. The firm also undertakes projects with provisions for retail stores, schools, health spas, as well as other leisure/hospitality centers.
RAK Properties PJSC (RAKPROP.AD) Chart
Financial Metrics & Statements of RAK Properties PJSC (RAKPROP.AD)
FAQ's for RAK Properties PJSC (RAKPROP.AD)
- As of August 2026, RAK Properties PJSC RAKPROP.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 RAK Properties PJSC using these criteria to determine its compliance status.
- Muslim investors may consider investing in RAK Properties 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 RAK Properties 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 RAK Properties 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 RAK Properties 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 RAK Properties PJSC (RAKPROP.AD)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
