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REMAL – Kuwait Remal Real Estate Co KPSC

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Not Compliant

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Industry: Real Estate Services | Kuwait

Kuwait Remal Real Estate Co KPSC is not compliant with Shariah. The company’s financials fail all the five standards we check against.

Market cap: 16 MRev. Growth: 120.52%

AAOIFI ✗

Debt/MC515.22%
Non-Compliant Assets/MC%

S&P ✗

Debt/36 mo MC385.54%
Cash/36 mo MC0%
AR/36 mo MC%

DJIM ✗

Debt/24 mo MC430.21%
Cash/24 mo MC0%
AR/24 mo MC%

FTSE ✗

Debt/Assets56.45%
Cash/Assets0%
Cash&AR/Assets0%

MSCI ✗

Debt/Assets56.45%
Cash/Assets0%
Cash&AR/Assets0%

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

Total Analysts: 0


Kuwait Remal Real Estate Co KPSC, formerly Kuwait Remal Real Estate Co KSCC, is a Kuwait-based shareholding company engaged in the real estate investment and development sector. The Company’s main business activities include developing, managing, operating, investing, and renting commercial and mixed-use real estate projects inside and outside Kuwait. The Company is also engaged in owning, buying and selling real estate companies’ shares and bonds for its benefit; conducting all kinds of real estate studies and consulting; performing maintenance works related to buildings and real estate, owned by the Company; organizing real estate exhibitions, related to the Company’s real estate projects; establishing real estate auctions, and utilizing and investing the Company’s available surplus in financial and real estate portfolios, managed by specialized companies. The Company owns and manages Laplage Complex, which is a residential complex based in Salmiya area, Kuwait.

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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