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ARGK – Al Argan International Real Estate Co KSCP

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Not Compliant

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Industry: Real Estate Rental, Development & Operations | Kuwait

Al Argan International Real Estate Co KSCP is not compliant with Shariah. The company’s financials fail all the five standards we check against.

Market cap: 78 MRev. Growth: -3.36%

AAOIFI ✗

Debt/MC571.38%
Non-Compliant Assets/MC21.28%

S&P ✗

Debt/36 mo MC453.7%
Cash/36 mo MC7.17%
AR/36 mo MC%

DJIM ✗

Debt/24 mo MC489.34%
Cash/24 mo MC7.74%
AR/24 mo MC%

FTSE ✗

Debt/Assets58.38%
Cash/Assets0.92%
Cash&AR/Assets0.92%

MSCI ✗

Debt/Assets58.38%
Cash/Assets0.92%
Cash&AR/Assets0.92%

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0


Al Argan International Real Estate Co KSCP (ALARGAN) is a Kuwait-based company engaged in the real estate development sector. The Company focuses on the purchase, sale, ownership and development of real estate and lands, as well as purchase, sale and ownership of shares and bonds of real estate companies; preparation of studies and provision of consultancy services in the field of real estate; offering maintenance services related to buildings and properties; organizing real estate exhibitions specialized for the Company’s projects; ownership and management of housing complexes and commercial markets; trading in construction equipments and materials, and carrying out civil, mechanical, electrical and plumbing contract works, as well as other activities related to elevators, air conditioners and aluminium. The Company is also engaged in the ownership, management, rent and lease of hotels, health clubs and other tourist facilities.

We do our best to screen stocks as accurately as possible. Please let us know in the comments if you spot an error or find something questionable. Jazaak Allahu khairan.

To understand how the screening is done, please read the Shariah Screening Methodology page.

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