Is Saudi Kayan (2350) halal?
Saudi Kayan is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 117.7% of market capitalisation (limit 30%); non-permissible (interest) income is 0.1% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 117.7% | < 30% | Over limit |
| Non-permissible income ÷ revenue | 0.1% | < 5% | Within limit |
About Saudi Kayan
Saudi Kayan Petrochemical Company operates as a significant player in the petrochemical industry, involved primarily in the production of a wide array of chemical products. Founded in 2007, this Saudi Arabia-based company is a subsidiary of Saudi Basic Industries Corporation (SABIC), one of the world's largest petrochemical manufacturers. Saudi Kayan's portfolio includes essential products like ethylene, propylene, and polyethylene, as well as specialty chemicals such as…
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Frequently asked questions
Is Saudi Kayan (2350) halal?
Saudi Kayan is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 117.7% 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 Saudi Kayan'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 2026-09-16.