Is Suez Canal Company for Technology Settling SAE Stock Halal?
Shariah Compliance Analysis of SCTS.CA Stock
Egypt Consumer Discretionary Small Cap
No. As of October 2026, Suez Canal Company for Technology Settling SAE (SCTS.CA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Suez Canal Company for Technology Settling SAE does not pass Musaffa's business and financial screening criteria.
Suez Canal Company for Technology Settling SAE is an Egypt-based joint stock company that offers information technology (IT) educational services in Egypt. The company is headquartered in Giza, Giza. The company went IPO on 2006-10-10. The firm focuses on the establishment, management and operation activities for technology development zones, scientific labs, and research and training centers, as well as the provision of technology related services, including software design, electronic content production, data entry services, setting of electronic information system, and computer system programming, among others. The firm has investments in October 6 University in the Sixth of October city near Cairo, Egypt. The University comprises of a range of academic, administrative and social facilities. In addition, the Company offers financial leasing solutions.
Suez Canal Company for Technology Settling SAE SCTS.CA
EGP545.15 EGP15.25 (2.88%) 1D
Last Updated: Oct 01, 12:00 AM·EGX
Pricing for EG stocks is delayed by 24 hours
SCTS.CA Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Suez Canal Company for Technology Settling SAE is classified as not halal.
NOT HALAL
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Financial Metrics & Statements of Suez Canal Company for Technology Settling SAE (SCTS.CA)
FAQ's for Suez Canal Company for Technology Settling SAE (SCTS.CA)
As of October 2026, Suez Canal Company for Technology Settling SAE SCTS.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 Suez Canal Company for Technology Settling SAE using these criteria to determine its compliance status.
Muslim investors may consider investing in Suez Canal Company for Technology Settling 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 Suez Canal Company for Technology Settling 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 Suez Canal Company for Technology Settling 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 Suez Canal Company for Technology Settling 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 Suez Canal Company for Technology Settling SAE (SCTS.CA)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.