Is Sharjah Cement and Industrial Development Co PJSC halal to invest in?

According to Musaffa's Shariah screening methodology, Sharjah Cement and Industrial Development Co PJSC (SCIDC.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.

Is Sharjah Cement and Industrial Development Co PJSC 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 Sharjah Cement and Industrial Development Co PJSC using these criteria to determine its compliance status.

Can Muslims buy shares of Sharjah Cement and Industrial Development Co PJSC?

Muslim investors may consider investing in Sharjah Cement and Industrial Development Co 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.

Why is Sharjah Cement and Industrial Development Co PJSC classified as NOT HALAL?

Musaffa determines the Shariah status of Sharjah Cement and Industrial Development Co PJSC 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 Sharjah Cement and Industrial Development Co PJSC updated?

The Shariah compliance status of Sharjah Cement and Industrial Development Co PJSC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Where can I check the Shariah status of Sharjah Cement and Industrial Development Co PJSC?

You can check the latest Shariah compliance status of Sharjah Cement and Industrial Development Co PJSC on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

SCIDC.AD Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 03, 2026

Report Source: 2025 Annual Report

Sharjah Cement and Industrial Development Co PJSC. Stock Analysis SCIDC.AD

Q: Can a halal stock like Sharjah Cement and Industrial Development Co PJSC 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: 2025 Annual

Sharjah Cement & Industrial Development Co. engages in the operation of cement and paper sack factory. The firm is engaged in the manufacture and supply of cement, clinker, paper sacks, and plastic ropes. The firm operates in two segments: Manufacturing and Investment. The Manufacturing segment includes cement, paper sacks, and plastic ropes divisions, producing Portland cement, sulfate-resisting cement, blast furnace cement, oil well cement, and ground granulated blast furnace slag. The Investment segment focuses on securities, equities, funds, and property investments. The firm operates from Sharjah, United Arab Emirates, and sells its products in the UAE and certain other countries in the Middle East, Africa, and Asia.

Key Statistics of Sharjah Cement and Industrial Development Co PJSC (SCIDC.AD)

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

Today's Range

AED1.06AED1.08

Today's Open

AED1.07

Volume

163.09K

P/E Ratio (TTM)

6.03

52 Week Range

AED0.68AED1.20

Market Cap

663.00M

Avg. Volume

693.19K

Dividend Yield

4.76%

Financial Metrics & Statements of Sharjah Cement and Industrial Development Co PJSC (SCIDC.AD)

FAQ's for Sharjah Cement and Industrial Development Co PJSC (SCIDC.AD)

According to Musaffa’s Shariah screening methodology, Sharjah Cement and Industrial Development Co PJSC (SCIDC.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.