Is United Gulf Investment Corporation BSC halal to invest in?

According to Musaffa's Shariah screening methodology, United Gulf Investment Corporation BSC (UGIC.BH) is currently classified as NOT HALAL as of April 2025. 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 Gulf Investment Corporation BSC 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 Gulf Investment Corporation BSC using these criteria to determine its compliance status.

Can Muslims buy shares of United Gulf Investment Corporation BSC?

Muslim investors may consider investing in United Gulf Investment Corporation BSC 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 Gulf Investment Corporation BSC classified as NOT HALAL?

Musaffa determines the Shariah status of United Gulf Investment Corporation BSC 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 Gulf Investment Corporation BSC updated?

The Shariah compliance status of United Gulf Investment Corporation BSC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like United Gulf Investment Corporation BSC 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 Gulf Investment Corporation BSC?

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

United Gulf Investment Corporation BSC UGIC.BH

BD0.03

Last Updated: Dec 08, 12:00 AM·BSE

UGIC.BH Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 25, 2025

Report Source: 2024 Annual Report

United Gulf Investment Corporation BSC. Stock Analysis UGIC.BH

Bahrain Financials Nano Cap Report: 2024 Annual

United Gulf Investment Corp. BSC engages in the property leasing, buying, and selling of properties. The firm is engaged in property leasing, buying and selling of properties for the Company only, third grade industrial maintenance works, buying and selling of shares and securities for the Company only and investment in local industrial projects. The firm develops and promotes industrial, chemical, Trading and energy related projects, primarily in the Gulf region. The firm invests in listed stocks and other financial instruments The Company is organized into two segments which include smelting and Investment activities. The Subsidiaries of the Company include Gulf Ferro Alloys Company (SABAYEK) W.L.L., United Gulf Trading W.L.L.

Key Statistics of United Gulf Investment Corporation BSC (UGIC.BH)

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

Today's Range

BD0.03BD0.03

Today's Open

BD0.03

Volume

350.00K

P/E Ratio (TTM)

12.77

52 Week Range

BD0.03BD0.04

Market Cap

6.80M

Avg. Volume

529.20K

Dividend Yield

7.35%

Financial Metrics & Statements of United Gulf Investment Corporation BSC (UGIC.BH)

FAQ's for United Gulf Investment Corporation BSC (UGIC.BH)

According to Musaffa’s Shariah screening methodology, United Gulf Investment Corporation BSC (UGIC.BH) is currently classified as NOT HALAL as of April 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.