Is Makkah Construction & Development Co. (4100) halal?
Makkah Construction & Development Co. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 6.5% of market capitalisation (limit 30%), and non-permissible (interest) income is 1.9% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 6.5% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 1.9% | < 5% | Within limit |
Purification
Even a compliant company earns a little interest. About 1.9% of Makkah Construction & Development Co.'s revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 1.9% of each dividend. Open the full analysis for the amount per share.
About Makkah Construction & Development Co.
Makkah Construction & Development Co. is a pivotal entity in the real estate development sector, focusing on projects primarily located in the Holy City of Makkah, Saudi Arabia. The company's primary aim is to facilitate the expansion and enhancement of infrastructure and facilities to accommodate the growing number of pilgrims visiting religious sites. This includes the development of residential, commercial, and hospitality properties, which are crucial during peak…
Open the full analysis in Sanad
Similar companies
- Taiba Investments Co.
- Barwa Real Estate
- Umm Al Qura for Development Co.
- Ezdan Holding Group Q.P.S.C.
- Dar Al Arkan Real Estate Development Co.
- Jabal Omar Development Co.
Go deeper on Sanad
Free to look up. These parts are included with a free trial or Sanad Pro.
- 🔒 Purification amount per sharePRO••••••
- 🔒 Fair price and buy pricePRO••••••
- 🔒 Analysis Score (0–100)PRO••••••
- 🔒 Full financial statements and ratio historyPRO••••••
- 🔒 Alerts when the verdict changesPRO••••••
Frequently asked questions
Is Makkah Construction & Development Co. (4100) halal?
Makkah Construction & Development Co. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 6.5% of market capitalisation (limit 30%), and non-permissible (interest) income is 1.9% 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 Makkah Construction & Development Co.'s dividends should be purified?
About 1.9% 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.