Is Saudi Real Estate Company (4020) halal?
Saudi Real Estate Company is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 56.2% of market capitalisation (limit 30%); non-permissible (interest) income is 2.1% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 56.2% | < 30% | Over limit |
| Non-permissible income ÷ revenue | 2.1% | < 5% | Within limit |
About Saudi Real Estate Company
Saudi Real Estate Company is a prominent player in the real estate sector within Saudi Arabia. The company primarily engages in property development, encompassing residential, commercial, and mixed-use projects. It plays a vital role in the real estate development market by creating high-quality living, office, and retail spaces, stimulating economic growth and enhancing urban development across the region. The company's operations significantly impact the housing and…
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Frequently asked questions
Is Saudi Real Estate Company (4020) halal?
Saudi Real Estate Company is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 56.2% of market capitalisation (limit 30%); non-permissible (interest) income is 2.1% 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 Saudi Real Estate Company's dividends should be purified?
About 2.1% 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.