Is Retal Urban Development Company (4322) halal?
Retal Urban Development Company is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 34.9% of market capitalisation (limit 30%); non-permissible (interest) income is 0% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 34.9% | < 30% | Over limit |
| Non-permissible income ÷ revenue | 0% | < 5% | Within limit |
About Retal Urban Development Company
Retal Urban Development Company is a prominent entity in the real estate and housing development industry. It primarily focuses on the development of residential and commercial properties, contributing significantly to urban infrastructure and the real estate market. The company’s operations encompass design, construction, and management of diverse real estate projects, catering to the increasing demand for quality housing and business spaces in rapidly growing urban…
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Frequently asked questions
Is Retal Urban Development Company (4322) halal?
Retal Urban Development Company is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 34.9% of market capitalisation (limit 30%); non-permissible (interest) income is 0% 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 Retal Urban Development Company's dividends should be purified?
Sanad does not show a purification percentage for this company because its interest income is not reported or it is not a compliant company.
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.