As of August 2026, Sukoon Insurance PJSC is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Sukoon Insurance PJSC. Stock Analysis SUKOON.DB
United Arab Emirates Financials Small Cap
Sukoon Insurance PJSC formerly known as Oman Insurance Company PSC is a United Arab Emirates-based insurance company. The company is headquartered in Dubai, Dubai. The company went IPO on 2004-10-02. The firm is organized into three segments which are general insurance, life insurance and investments. The general insurance segment comprises property, engineering, energy, medical, motor, general accident, aviation and marine risks. The life insurance segment includes individual life (participating and non-participating), group life, credit life as well as investment linked products. Investment comprises investments (financial and non-financial), deposits with banks and cash management for the Group’s own accounts. The Subsidiaries of the Company include Equator Insurance Agency L.L.C., Synergize Services FZ L.L.C, OIC Corporate Member Limited and among others.
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FAQ's for Sukoon Insurance PJSC (SUKOON.DB)
As of August 2026, Sukoon Insurance PJSC SUKOON.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 Sukoon Insurance PJSC using these criteria to determine its compliance status.
Muslim investors may consider investing in Sukoon Insurance 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.
Musaffa determines the Shariah status of Sukoon Insurance PJSC 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 Sukoon Insurance PJSC 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 Sukoon Insurance PJSC 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 Sukoon Insurance PJSC (SUKOON.DB)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.