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Is Saudi Tadawul Group Holding Co. (1111) halal?

Saudi Exchange (Tadawul) · Financials — Market Infrastructure
Compliant

Saudi Tadawul Group Holding Co. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 3.7% of market capitalisation (limit 30%), and non-permissible (interest) income is 0% of revenue (limit 5%).

The AAOIFI financial screen

TestResultLimitStatus
Interest-bearing debt ÷ market capitalisation3.7%< 30%Within limit
Non-permissible income ÷ revenue0%< 5%Within limit

A ratio at or above 30% (debt) or 5% (income) fails. A debt ratio of 27–30% or an income ratio of 4–5% is marked "close to limit" and makes the company questionable.

About Saudi Tadawul Group Holding Co.

Saudi Tadawul Group Holding Co. operates as the primary entity that manages and oversees the Saudi Exchange, which is the largest stock exchange in the Middle East. Its core purpose is to facilitate electronic trading and provide a robust platform for securities in Saudi Arabia. By playing a pivotal role in the economic transformation outlined in Vision 2030, the Saudi Tadawul Group supports the diversification of the Saudi economy and aims to increase the participation…

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Frequently asked questions

Is Saudi Tadawul Group Holding Co. (1111) halal?

Saudi Tadawul Group Holding Co. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 3.7% of market capitalisation (limit 30%), and non-permissible (interest) income is 0% of revenue (limit 5%).

What makes a stock halal or haram?

Under AAOIFI Standard 21 a company must first have a permissible core business (no conventional banking or insurance, alcohol, tobacco, gambling or similar). Then interest-bearing debt must be under 30% of its market value and interest income under 5% of its revenue.

How much of Saudi Tadawul Group Holding Co.'s dividends should be purified?

Sanad does not show a purification percentage for this company because its interest income is not reported or it is not a compliant company.

How often is this updated?

Prices refresh daily and the ratios update when the company files new financial statements, usually every quarter. This page's data was last updated 2026-09-16.

Screened against AAOIFI Standard 21 using the company's latest reported financials (data updated 2026-09-16). This is an automated screen, not a fatwa; scholars differ on some thresholds. What each verdict means.