Is Rabigh Refining and Petrochemical Company (2380) halal?
Rabigh Refining and Petrochemical Company is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 55% 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 | 55% | < 30% | Over limit |
| Non-permissible income ÷ revenue | 0.1% | < 5% | Within limit |
About Rabigh Refining and Petrochemical Company
Rabigh Refining and Petrochemical Company, commonly known as Petro Rabigh, is a key player within the refining and petrochemical industries of Saudi Arabia. The company is a leading integrated refinery and petrochemical complex situated in Rabigh, created through a joint venture between Saudi Aramco, the world's largest oil producer, and Sumitomo Chemical, a renowned Japanese chemical company. Its primary function centers on the processing of crude oil and the production…
Open the full analysis in Sanad
Similar companies
- ADES Holding Company
- Aldrees Petroleum and Transport Services Company
- Arabian Drilling Company
- Saudi Aramco
- Qatar Fuel
- Exxon Mobil Corporation
Go deeper on Sanad
Free to look up. These parts are included with a free trial or Sanad Pro.
- 🔒 Fair price and buy pricePRO••••••
- 🔒 Analysis Score (0–100)PRO••••••
- 🔒 Full financial statements and ratio historyPRO••••••
- 🔒 Alerts when the verdict changesPRO••••••
Frequently asked questions
Is Rabigh Refining and Petrochemical Company (2380) halal?
Rabigh Refining and Petrochemical Company is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 55% 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 Rabigh Refining and Petrochemical 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 2026-09-16.