Is Saudi Cement Company (3030) halal?
Saudi Cement Company is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 9% 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 | 9% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 0% | < 5% | Within limit |
About Saudi Cement Company
Saudi Cement Company is a Saudi joint stock company engaged in the manufacturing and sale of cement and related products. Headquartered in Dammam and founded in 1955, the company focuses on producing cement clinker, sulfate resistant cement, and ordinary Portland cement. Its products are used in a wide range of infrastructure and construction projects, including highways, bridges, airports, seaports, railways, metro systems, as well as residential and commercial…
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Frequently asked questions
Is Saudi Cement Company (3030) halal?
Saudi Cement Company is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 9% 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 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.