Is East Pipes Integrated Company for Industry (1321) halal?
East Pipes Integrated Company for Industry is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 0.3% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.7% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 0.3% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 0.7% | < 5% | Within limit |
Purification
Even a compliant company earns a little interest. About 0.7% of East Pipes Integrated Company for Industry's revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 0.7% of each dividend. Open the full analysis for the amount per share.
About East Pipes Integrated Company for Industry
East Pipes Integrated Company for Industry is a key player in the manufacturing sector, specializing in the production of steel pipes. The primary function of the company is to provide high-quality steel pipes used extensively in the transport of water, oil, gas, and other fluids, catering to both regional and international markets. The company plays a crucial role in industries such as construction, energy, and water management, where its products are fundamental in…
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Frequently asked questions
Is East Pipes Integrated Company for Industry (1321) halal?
East Pipes Integrated Company for Industry is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 0.3% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.7% 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 East Pipes Integrated Company for Industry's dividends should be purified?
About 0.7% 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.