Is National Agricultural Development Co. (6010) halal?
National Agricultural Development Co. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 9.4% of market capitalisation (limit 30%), and non-permissible (interest) income is 2.8% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 9.4% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 2.8% | < 5% | Within limit |
Purification
Even a compliant company earns a little interest. About 2.8% of National Agricultural Development Co.'s revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 2.8% of each dividend. Open the full analysis for the amount per share.
About National Agricultural Development Co.
National Agricultural Development Co. is a leading company in the agricultural sector, primarily involved in the production, processing, and distribution of agricultural goods. It serves a critical function by providing essential food products, such as dairy, fresh produce, and other agricultural commodities. The company's operations enhance food security and contribute to the country's efforts in achieving self-sufficiency in food production. National Agricultural…
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Frequently asked questions
Is National Agricultural Development Co. (6010) halal?
National Agricultural Development Co. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 9.4% of market capitalisation (limit 30%), and non-permissible (interest) income is 2.8% 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 National Agricultural Development Co.'s dividends should be purified?
About 2.8% 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.