Is Specialized Medical Company (4019) halal?
Specialized Medical Company is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 22.2% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.3% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 22.2% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 0.3% | < 5% | Within limit |
Purification
Even a compliant company earns a little interest. About 0.3% of Specialized Medical Company's revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 0.3% of each dividend. Open the full analysis for the amount per share.
About Specialized Medical Company
Specialized Medical Company is a prominent healthcare provider based in Saudi Arabia, renowned for delivering comprehensive and integrated medical services across a wide array of specialties. As a center of excellence, the company focuses on offering high-quality, accessible, and digitally enabled healthcare solutions that span multiple disciplines, aligning with Saudi Arabia’s Vision 2030 goals for healthcare transformation. Specialized Medical Company plays a…
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Frequently asked questions
Is Specialized Medical Company (4019) halal?
Specialized Medical Company is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 22.2% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.3% 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 Specialized Medical Company's dividends should be purified?
About 0.3% 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.