National Real Estate Co KSCP

NREK.KW

$0.31

Closing

▼-2.04%

1D

▲45.23%

YTD

Market cap

$617.56M

52 week high

$0.37

52 week low

$0.21

Volume

2,466,149

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Market cap

$617.56M

Analysts' Rating

0

Price Target (Mean)

-

Total Analysts

0

P/E

Operating Margin

173.62%

Beta

2.01

Revenue Growth (Annual)

100.00%

52 week high

$0.37

52 week low

$0.21

Div. Yield

0.00%

EPS Annual Growth

-140.33

Note on Purification and Zakat

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

National Real Estate Co KSCP (NREC) is a Kuwait-based public shareholding company that operates in the real estate sector. The Company is primarily engaged in real estate investment and management operations, as well as undertaking real estate construction and maintenance. The Company is organized, along with its subsidiaries, into three business segments: the Real estate and other operations segment includes development, trading, leasing and management of real estate properties and other activities; the Wholesale segment consists of sales transaction of the catering activities in the subsidiaries, and the Investment operations segment covers investment in associates, equity securities and joint ventures. As of December 31, 2011, the Company’s subsidiaries included, among others, HRD International for Human Resources Development Company WLL and Aqaba National Real Estate Projects Company.