Is Arabian Drilling Company (2381) halal?
Arabian Drilling Company is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 34.5% 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 | 34.5% | < 30% | Over limit |
| Non-permissible income ÷ revenue | 0.1% | < 5% | Within limit |
About Arabian Drilling Company
Arabian Drilling Company is a prominent player in the energy sector, specializing in onshore and offshore drilling services within Saudi Arabia. The company's primary function is to provide comprehensive drilling solutions to oil and gas producers, supporting the exploration and production activities essential for energy supply. Notable for its advanced technology and sustainable practices, Arabian Drilling Company ensures efficient and environmentally-responsible…
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Frequently asked questions
Is Arabian Drilling Company (2381) halal?
Arabian Drilling Company is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 34.5% 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 Arabian Drilling 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 2026-09-14.