Union Coop UNIONCOOP.DB
AED2.17 AED0.01 (0.46%) 1D
Last Updated: Aug 07, 12:00 AM·DFM
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UNIONCOOP.DB Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Union Coop is classified as halal.
HALAL
Report Source: undefined Quarter Report
Union Coop. Stock Analysis UNIONCOOP.DB
United Arab Emirates Consumer Discretionary Small Cap Union Coop operates as an online grocery, baby products and pet, beauty and personal care, electronics & appliances shopping platform. The company is headquartered in Dubai, Dubai. The company went IPO on 2022-07-18. The firm is organised into three major business segments: Retail, which business from operations in relation to the sale of goods at hypermarkets; E-commerce, which business from the online shopping platforms of the Coop; and Real estate, that rental business from shopping centers. The company operates approximately 27 branches across Dubai, including supermarkets and hypermarkets, and provides products in food, non-food, and fresh categories.
Union Coop (UNIONCOOP.DB) Chart
Financial Metrics & Statements of Union Coop (UNIONCOOP.DB)
FAQ's for Union Coop (UNIONCOOP.DB)
- As of August 2026, Union Coop UNIONCOOP.DB is classified as 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 Union Coop using these criteria to determine its compliance status.
- Muslim investors may consider investing in Union Coop 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 Union Coop 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 Union Coop 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 Union Coop on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Union Coop (UNIONCOOP.DB)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
