Is Savola Group (2050) halal?
Savola Group is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 84.3% of market capitalisation (limit 30%); non-permissible (interest) income is 0% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 84.3% | < 30% | Over limit |
| Non-permissible income ÷ revenue | 0% | < 5% | Within limit |
About Savola Group
Savola Group is a multinational conglomerate based in the Kingdom of Saudi Arabia, primarily engaged in the food and retail sectors. Established in 1979, the group operates a robust business model focusing on the production and distribution of edible oils, sugar, and other food products across the Middle East, North Africa, and Central Asia. Savola is also heavily involved in retail, owning the majority of shares in Almarai, the leading dairy company in the region, and…
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Frequently asked questions
Is Savola Group (2050) halal?
Savola Group is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 84.3% of market capitalisation (limit 30%); 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 Savola Group'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 2026-09-14.