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Is MBC Group CJSC (4072) halal?

Saudi Exchange (Tadawul) · Media & Broadcasting
Compliant

MBC Group CJSC is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 1.6% of market capitalisation (limit 30%), and non-permissible (interest) income is 1.2% of revenue (limit 5%).

The AAOIFI financial screen

TestResultLimitStatus
Interest-bearing debt ÷ market capitalisation1.6%< 30%Within limit
Non-permissible income ÷ revenue1.2%< 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.

Purification

Even a compliant company earns a little interest. About 1.2% of MBC Group CJSC's revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 1.2% of each dividend. Open the full analysis for the amount per share.

About MBC Group CJSC

MBC Group CJSC operates as a leading media and entertainment conglomerate in the Middle East region. As a closed joint stock company, it is primarily focused on providing a diverse range of content through its multiple satellite television channels. The company caters to various viewer preferences, offering channels dedicated to news, sports, entertainment, and children's programming. MBC Group CJSC has carved out a significant role within the media landscape by…

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Frequently asked questions

Is MBC Group CJSC (4072) halal?

MBC Group CJSC is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 1.6% of market capitalisation (limit 30%), and non-permissible (interest) income is 1.2% 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 MBC Group CJSC's dividends should be purified?

About 1.2% 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.

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.