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Is Bindawood Holding Company (4161) halal?

Saudi Exchange (Tadawul) · Consumer Staples — Grocery Retail
Not compliant

Bindawood Holding Company is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 66% of market capitalisation (limit 30%); non-permissible (interest) income is 0.1% of revenue (limit 5%).

The AAOIFI financial screen

TestResultLimitStatus
Interest-bearing debt ÷ market capitalisation66%< 30%Over limit
Non-permissible income ÷ revenue0.1%< 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.

About Bindawood Holding Company

Bindawood Holding Company is a leading retail operator in the Kingdom of Saudi Arabia, prominently recognized for its large chain of supermarkets and hypermarkets which cater to a diverse consumer base. Its primary function is to provide a wide array of grocery and household products to local communities, as well as specialty gourmet offerings through its premium outlets. Bindawood stands out in the retail sector by offering fresh produce, bakery items, electronics, and…

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Frequently asked questions

Is Bindawood Holding Company (4161) halal?

Bindawood Holding Company is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 66% of market capitalisation (limit 30%); non-permissible (interest) income is 0.1% 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 Bindawood Holding Company's dividends should be purified?

About 0.1% 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.

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.