Rigas Kugu Buvetana JSC engages in the ship repair and other services. The firm specializes in the construction of fishing boats, coastal ferries and auxiliary crafts. The firm is also engaged in wood processing and manufacturing of furniture designed for various functional purposes. The firm operates through one wholly owned subsidiary and two affiliates. As of December 31, 2011, the Company’s major shareholder was Remars-Riga ASA with a stake of 49.86%.
Rigas Kugu Buvetava AS UW3.SG
€0.27 €0.03 (8.67%) 1D
Last Updated: Oct 08, 12:00 AM·XSTU
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FAQ's for Rigas Kugu Buvetava AS (UW3.SG)
As of October 2026, Rigas Kugu Buvetava AS UW3.SG is classified as not covered 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 Rigas Kugu Buvetava AS using these criteria to determine its compliance status.
Muslim investors may consider investing in Rigas Kugu Buvetava AS 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 Rigas Kugu Buvetava AS 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 Rigas Kugu Buvetava AS 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 Rigas Kugu Buvetava AS 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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