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Is Yamama Cement Company (3020) halal?

Saudi Exchange (Tadawul) · Materials — Cement
Not compliant

Yamama Cement Company is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 41.3% of market capitalisation (limit 30%); non-permissible (interest) income is 0% of revenue (limit 5%).

The AAOIFI financial screen

TestResultLimitStatus
Interest-bearing debt ÷ market capitalisation41.3%< 30%Over limit
Non-permissible income ÷ revenue0%< 5%Within limit

A ratio at or above 30% (debt) or 5% (income) fails. A debt ratio of 27–30% or an income ratio of 4–5% is marked "close to limit" and makes the company questionable.

About Yamama Cement Company

Yamama Cement Company is a leading entity in the building materials industry based in Saudi Arabia. Specializing in the manufacture and distribution of cement, its primary function is to provide materials essential for construction and infrastructure projects. Established to meet the region's growing need for cement-based products, the company plays a significant role in supporting the development of residential, commercial, and industrial infrastructures. Yamama Cement…

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Frequently asked questions

Is Yamama Cement Company (3020) halal?

Yamama Cement Company is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 41.3% 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 Yamama Cement Company'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 2026-09-16.

Screened against AAOIFI Standard 21 using the company's latest reported financials (data updated 2026-09-16). This is an automated screen, not a fatwa; scholars differ on some thresholds. What each verdict means.