Is Arriyadh Development Company (4150) halal?
Arriyadh Development Company is not compliant: its non-permissible income is over the AAOIFI limit. interest-bearing debt is 1.3% of market capitalisation (limit 30%); non-permissible (interest) income is 14.8% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 1.3% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 14.8% | < 5% | Over limit |
About Arriyadh Development Company
Arriyadh Development Company is a prominent Saudi Arabian company specializing in the development and management of real estate projects. It is primarily engaged in acquiring, developing, and marketing residential, commercial, and mixed-use properties within the Kingdom of Saudi Arabia. As a pivotal player in the real estate sector, Arriyadh Development Company has a significant impact on urban development and housing solutions in its region. The company's portfolio…
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Frequently asked questions
Is Arriyadh Development Company (4150) halal?
Arriyadh Development Company is not compliant: its non-permissible income is over the AAOIFI limit. interest-bearing debt is 1.3% of market capitalisation (limit 30%); non-permissible (interest) income is 14.8% 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 Arriyadh Development Company's dividends should be purified?
About 14.8% 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.