Is Maaden (1211) halal?
Maaden is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 14.3% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.1% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 14.3% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 0.1% | < 5% | Within limit |
Purification
Even a compliant company earns a little interest. About 0.1% of Maaden's revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 0.1% of each dividend. Open the full analysis for the amount per share.
About Maaden
The Saudi Arabian Mining Company, known as Ma'aden, is one of the leading mining enterprises in Saudi Arabia, significantly contributing to the nation's economic diversification strategy away from oil dependency. The company primarily focuses on extracting and processing mineral resources such as gold, phosphate, bauxite, and industrial minerals. Ma'aden operates extensive integrated mining operations and processing facilities that play a pivotal role in the mining supply…
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Frequently asked questions
Is Maaden (1211) halal?
Maaden is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 14.3% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.1% 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 Maaden's dividends should be purified?
About 0.1% of each dividend, the share of the company's income that is not permissible. Donate that amount rather than keeping it.
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 2026-09-17.