ALEC Holdings PJSC operates as a construction company in the United Arab Emirates. It is involved in engineering and construction contracting related to building construction and infrastructure developments, earth and civil works, industrial process plants, mechanical, electrical, marine engineering, structural steelwork and process piping, shutdown and turnaround, and services in process plants and building maintenance. The company also engages in general contracting works for marine, onshore and offshore industrial, oil and gas, commercial projects, and scaffold installation works; investment and establishing, and managing industrial projects; modular fabrication and assembly; and software consultancy, developer, and service provider activities. It is involved in electromechanical works, projects contracting, and sub sewage networks and homes connection contracting; main water networks contracting works; renting and operational leasing of machine tools, engines and turbines, cranes, and lorries; scaffold and work platforms; renting of cranes with operators; steel fabrication works; and manufacture of carpentry products and crafts needed for construction workers. The company also engages in aluminum installation works; machining and forming of metals and glass plates installation works; corrosion and oxidation resistant services, fire resistant painting works, and removing corrosion of metals; metal prefabricated buildings manufacturing; alternative energy equipment installation and maintenance, and construction; central air conditioning requisites and ventilation equipment manufacturing; and measuring and control system installation, wired and wireless communication systems installation, security systems and equipment trading, radio, and T.V. station, as well as security equipment, cinema theatre equipment, and internal communication network installation and maintenance. The company was founded in 1999 and is based in Dubai, the United Arab Emirates.
Managing Director of Construction
Managing Director of AJI Rentals
Founder & Non-Executive Vice Chairman
Chief Executive Officer of Target Engineering
CEO & Executive Director
Chief Financial Officer
Managing Director of ALEC Fitout
Managing Director of ALEMCO
Managing Director of ALEC Solutions
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62/100
Caution: M-Score elevated
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| Company | Market cap (USD) | Dividend yield | Governance | Shariah |
|---|---|---|---|---|
| ALEC Holdings PJSC (ALEC) | — | — | 32(F) | — |
| Spinneys 1961 Holding plc (SPINNEYS · DFM) | $1.2B | — | 27(F) | — |
| Union Coop (UNIONCOOP · DFM) | $1.1B | — | 22(F) | — |
| Abu Dhabi National Oil Company For Distribution (ADNOCDIST · ADX) | $12.9B | — | 25(F) | Non-compliant |
| BIM Birlesik Magazalar A.S. (BIMAS · BIST) | $12.1B | — | — | — |
| Ford Otomotiv Sanayi A.S. (FROTO · BIST) | $10.2B | — | — | — |
Auto-generated peer set — same GICS sector, comparable market-cap band. Governance score is the unified 8-factor model (independence, board size, CEO/chair separation, attendance, auditor, credentials, committees, pay transparency). Shariah uses AAOIFI Standard No. 21. View all 172 sector peers.
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