Is Ras Al Khaimah Co for White Cement & Construction Materials PSC 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 Ras Al Khaimah Co for White Cement & Construction Materials PSC using these criteria to determine its compliance status.

Can Muslims buy shares of Ras Al Khaimah Co for White Cement & Construction Materials PSC?

Muslim investors may consider investing in Ras Al Khaimah Co for White Cement & Construction Materials PSC 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 Ras Al Khaimah Co for White Cement & Construction Materials PSC classified as NOT HALAL?

Musaffa determines the Shariah status of Ras Al Khaimah Co for White Cement & Construction Materials PSC 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 Ras Al Khaimah Co for White Cement & Construction Materials PSC updated?

The Shariah compliance status of Ras Al Khaimah Co for White Cement & Construction Materials PSC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Where can I check the Shariah status of Ras Al Khaimah Co for White Cement & Construction Materials PSC?

You can check the latest Shariah compliance status of Ras Al Khaimah Co for White Cement & Construction Materials PSC on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

RAKWCT.AD Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 13, 2026

Report Source: 2026 3rd Quarter Report

Ras Al Khaimah Co for White Cement & Construction Materials PSC. Stock Analysis RAKWCT.AD

Q: Is Ras Al Khaimah Co for White Cement & Construction Materials PSC halal to invest in?

According to Musaffa's Shariah screening methodology, Ras Al Khaimah Co for White Cement & Construction Materials PSC (RAKWCT.AD) 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.

Q: Can a halal stock like Ras Al Khaimah Co for White Cement & Construction Materials PSC 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.

United Arab Emirates Industrials Micro Cap Report: Q3, 2026

Ras Al Khaimah Co. for White Cement & Construction Materials PSC engages in the manufacture and supply of white cement products. The company is headquartered in Ras Al Khaimah City, Ras Al-Khaimah. The company went IPO on 2002-08-26. The firm operates in following segments: Manufacturing segment, which includes cement, paper sacks and ropes products; and Investment segment, which includes investment in marketable equity securities, deposit with bank excluding current accounts. The Company’s products include white cement clinker, white portland cement, concrete blocks, interlocks, kerbstone, and lime. The firm also offers logistics services and consultations services. The Company’s subsidiaries include Modern Block Factory Establishment and Ras Al Khaimah Lime Co. Noora LLC.

Key Statistics of Ras Al Khaimah Co for White Cement & Construction Materials PSC (RAKWCT.AD)

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

Today's Range

AED0.91AED0.91

Today's Open

AED0.91

Volume

4.00

P/E Ratio (TTM)

10.32

52 Week Range

AED0.88AED1.19

Market Cap

468.15M

Avg. Volume

4485.88

Dividend Yield

2.43%

Financial Metrics & Statements of Ras Al Khaimah Co for White Cement & Construction Materials PSC (RAKWCT.AD)

FAQ's for Ras Al Khaimah Co for White Cement & Construction Materials PSC (RAKWCT.AD)

According to Musaffa’s Shariah screening methodology, Ras Al Khaimah Co for White Cement & Construction Materials PSC (RAKWCT.AD) 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.