Is United Arab Stevedoring Co SAE halal to invest in?

According to Musaffa's Shariah screening methodology, United Arab Stevedoring Co SAE (UASG.CA) is currently classified as NOT HALAL as of April 2024. 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 United Arab Stevedoring Co SAE 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 United Arab Stevedoring Co SAE using these criteria to determine its compliance status.

Can Muslims buy shares of United Arab Stevedoring Co SAE?

Muslim investors may consider investing in United Arab Stevedoring Co 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.

Why is United Arab Stevedoring Co SAE classified as NOT HALAL?

Musaffa determines the Shariah status of United Arab Stevedoring Co SAE 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 United Arab Stevedoring Co SAE updated?

The Shariah compliance status of United Arab Stevedoring Co SAE may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like United Arab Stevedoring Co SAE 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 United Arab Stevedoring Co SAE?

You can check the latest Shariah compliance status of United Arab Stevedoring Co SAE on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

UASG.CA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 30, 2024

Report Source: 2024 2nd Quarter Report

United Arab Stevedoring Co SAE. Stock Analysis UASG.CA

Egypt Industrials Nano Cap Report: Q2, 2024

United Arab Stevedoring Co SAE (ARLOAD), formerly United Arab Shipping Company, is an Egypt-based company engaged in the marine port services industry sector. The company is headquartered in Alexandria, Alexandria. The firm primarily is involved in loading and unloading activities at the Alexandria and Dekheilla ports in Egypt. The firm owns such equipments as cranes and forklifts for loading and unloading different goods and materials. The company also owns a fleet of trucks, trailers, single-semi trailer and semi trailer. ARLOAD offers its services to the public and private sectors, as well as to individual clients and customers. As of June 30, 2012, Holding Company for Maritime and Land Transport was the Company’s major shareholder.

Key Statistics of United Arab Stevedoring Co SAE (UASG.CA)

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

Today's Range

EGP0.44EGP0.46

Today's Open

EGP0.46

Volume

1.02M

P/E Ratio (TTM)

52 Week Range

EGP0.44EGP0.60

Market Cap

104.00M

Avg. Volume

499.51K

Dividend Yield

Financial Metrics & Statements of United Arab Stevedoring Co SAE (UASG.CA)

FAQ's for United Arab Stevedoring Co SAE (UASG.CA)

According to Musaffa’s Shariah screening methodology, United Arab Stevedoring Co SAE (UASG.CA) is currently classified as NOT HALAL as of April 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.