Is Saudi Chemical Company Holding (2230) halal?
Saudi Chemical Company Holding is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 18.1% of market capitalisation (limit 30%), and non-permissible (interest) income is 0% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 18.1% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 0% | < 5% | Within limit |
Purification
Even a compliant company earns a little interest. About 0% of Saudi Chemical Company Holding's revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 0% of each dividend. Open the full analysis for the amount per share.
About Saudi Chemical Company Holding
Saudi Chemical Company Holding is a diversified conglomerate headquartered in Riyadh, Saudi Arabia, with a focus on manufacturing and trading activities. It plays a pivotal role in the chemical sector, chiefly involving the production of explosives and related materials. The company’s primary function is to supply chemicals and explosives for a range of industries, including construction, oil and gas, mining, and defense. Saudi Chemical Company Holding contributes…
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Frequently asked questions
Is Saudi Chemical Company Holding (2230) halal?
Saudi Chemical Company Holding is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 18.1% 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 Chemical Company Holding's dividends should be purified?
About 0% 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 2026-09-16.