Spinneys 1961 Holding PLC SPINNEYS.DB
AED1.32 AED0.01 (0.76%) 1D
Last Updated: Aug 14, 12:00 AM·DFM
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SPINNEYS.DB Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Spinneys 1961 Holding PLC is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Spinneys 1961 Holding PLC. Stock Analysis SPINNEYS.DB
United Arab Emirates Consumer Discretionary Small Cap 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.
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Financial Metrics & Statements of Spinneys 1961 Holding PLC (SPINNEYS.DB)
FAQ's for Spinneys 1961 Holding PLC (SPINNEYS.DB)
- As of August 2026, Spinneys 1961 Holding PLC SPINNEYS.DB 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 Spinneys 1961 Holding PLC using these criteria to determine its compliance status.
- 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.
- 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.
- 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.
- 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 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.
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