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Is Leejam Sports Company (1830) halal?

Saudi Exchange (Tadawul) · Consumer Discretionary — Fitness & Sports
Not compliant

Leejam Sports Company is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 49.3% of market capitalisation (limit 30%); non-permissible (interest) income is 0.1% of revenue (limit 5%).

The AAOIFI financial screen

TestResultLimitStatus
Interest-bearing debt ÷ market capitalisation49.3%< 30%Over limit
Non-permissible income ÷ revenue0.1%< 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 Leejam Sports Company

Leejam Sports Company operates as a well-known chain of fitness centers across Saudi Arabia and the broader Middle East region. The company's primary focus is on providing comprehensive health and fitness services to individuals seeking to improve their physical well-being. Leejam Sports Company runs a network of clubs under the brand "Fitness Time," offering gym facilities, group exercise classes, personal training, and wellness programs. It caters to both men and women,…

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Frequently asked questions

Is Leejam Sports Company (1830) halal?

Leejam Sports Company is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 49.3% of market capitalisation (limit 30%); 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 Leejam Sports Company'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.

Screened against AAOIFI Standard 21 using the company's latest reported financials (data updated 2026-09-17). This is an automated screen, not a fatwa; scholars differ on some thresholds. What each verdict means.