Is Jabal Omar Development Co. (4250) halal?
Jabal Omar Development Co. is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 84.4% of market capitalisation (limit 30%); non-permissible (interest) income is 2.3% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 84.4% | < 30% | Over limit |
| Non-permissible income ÷ revenue | 2.3% | < 5% | Within limit |
About Jabal Omar Development Co.
Jabal Omar Development Co. is a prominent real estate development company based in Saudi Arabia. Known for its major mixed-use real estate projects, the company's primary function is to facilitate urban development in areas of strategic importance within the Kingdom, particularly focusing on the holy city of Mecca. Jabal Omar Development Co.'s projects are renowned for incorporating hospitality, residential, commercial, and retail components, significantly impacting the…
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Frequently asked questions
Is Jabal Omar Development Co. (4250) halal?
Jabal Omar Development Co. is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 84.4% of market capitalisation (limit 30%); non-permissible (interest) income is 2.3% 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 Jabal Omar Development Co.'s dividends should be purified?
About 2.3% 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.