Is Spinneys 1961 Holding PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Spinneys 1961 Holding PLC (SPINNEYS.DB) is currently classified as NOT HALAL as of March 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 Spinneys 1961 Holding PLC 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 Spinneys 1961 Holding PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Spinneys 1961 Holding PLC?

Muslim investors may consider investing in Spinneys 1961 Holding PLC 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 Spinneys 1961 Holding PLC classified as NOT HALAL?

Musaffa determines the Shariah status of Spinneys 1961 Holding PLC 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 Spinneys 1961 Holding PLC updated?

The Shariah compliance status of Spinneys 1961 Holding PLC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Spinneys 1961 Holding PLC 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.

Where can I check the Shariah status of Spinneys 1961 Holding PLC?

You can check the latest Shariah compliance status of Spinneys 1961 Holding PLC on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

SPINNEYS.DB Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 31, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Spinneys 1961 Holding PLC (SPINNEYS.DB)

Based on 14 analysts giving stock ratings to Spinneys 1961 Holding PLC in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Spinneys 1961 Holding PLC. Stock Analysis SPINNEYS.DB

United Arab Emirates Consumer Discretionary Small Cap Report: 2025 Annual

Spinneys 1961 Holding Plc operates as a holding company. The company is headquartered in Dubai, Dubai. The company went IPO on 2024-05-09. The firm principally engaged in the operation of supermarkets in United Arab Emirates, Sultanate of Oman and Saudi Arabia. The company operates physical retail stores and offers online grocery services. The Company’s portfolio includes food and non-food products, private label offerings, and a grocerant concept called The Kitchen by Spinneys which combines grocery and dining experiences. Its operations are supported by subsidiaries involved in food manufacturing and distribution. The firm is a subsidiary of Al Seer Group (L.L.C.). its subsidiaries include Spinneys Dubai (L.L.C. ), Al Fair SPC, Spinneys Shj. Ltd. Co, Fine Fare Food Market (LLC), among others.

Key Statistics of Spinneys 1961 Holding PLC (SPINNEYS.DB)

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

Today's Range

AED1.09AED1.12

Today's Open

AED1.10

Volume

10.70M

P/E Ratio (TTM)

12.23

52 Week Range

AED1.08AED1.81

Market Cap

4.18B

Avg. Volume

1.22M

Dividend Yield

5.28%

Financial Metrics & Statements of Spinneys 1961 Holding PLC (SPINNEYS.DB)

FAQ's for Spinneys 1961 Holding PLC (SPINNEYS.DB)

According to Musaffa’s Shariah screening methodology, Spinneys 1961 Holding PLC (SPINNEYS.DB) is currently classified as NOT HALAL as of March 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.