Is Saudi Ground Services Co. (4031) halal?
Saudi Ground Services Co. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 5.7% of market capitalisation (limit 30%), and non-permissible (interest) income is 1.1% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 5.7% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 1.1% | < 5% | Within limit |
Purification
Even a compliant company earns a little interest. About 1.1% of Saudi Ground Services Co.'s revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 1.1% of each dividend. Open the full analysis for the amount per share.
About Saudi Ground Services Co.
Saudi Ground Services Co. is a pivotal entity in the aviation services industry within the Kingdom of Saudi Arabia. As a provider of comprehensive ground handling services, it plays an essential role in facilitating the smooth operations of airlines and airports throughout the region. The company's offerings encompass a wide array of services including passenger handling, baggage management, ramp services, and cargo operations, catering to both domestic and international…
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Frequently asked questions
Is Saudi Ground Services Co. (4031) halal?
Saudi Ground Services Co. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 5.7% of market capitalisation (limit 30%), and non-permissible (interest) income is 1.1% 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 Ground Services Co.'s dividends should be purified?
About 1.1% 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.