Is Knowledge Economic City Co. (4310) halal?
Knowledge Economic City Co. is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 43.7% of market capitalisation (limit 30%); non-permissible (interest) income is 0.7% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 43.7% | < 30% | Over limit |
| Non-permissible income ÷ revenue | 0.7% | < 5% | Within limit |
About Knowledge Economic City Co.
Knowledge Economic City Co. is a real estate development company based in Saudi Arabia. Its primary focus is on creating integrated urban environments that foster knowledge-based industries and innovation. The company's flagship project, located in the holy city of Medina, aims to be a hub for businesses, educational institutions, and cultural activities, contributing to the region's economic diversification and growth. The strategy of Knowledge Economic City Co. involves…
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Frequently asked questions
Is Knowledge Economic City Co. (4310) halal?
Knowledge Economic City Co. is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 43.7% of market capitalisation (limit 30%); non-permissible (interest) income is 0.7% 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 Knowledge Economic City Co.'s dividends should be purified?
About 0.7% 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.