Is Al Rajhi Company for Cooperative Insurance (8230) halal?
Al Rajhi Company for Cooperative Insurance is compliant on business activity: it is an Islamic bank, so the debt and interest-income ratios that apply to ordinary companies are not used.
About Al Rajhi Company for Cooperative Insurance
Al Rajhi Company for Cooperative Insurance, also known as Al Rajhi Takaful, is a prominent player in the insurance sector in Saudi Arabia. Specializing in Sharia-compliant insurance services, the company offers a wide range of products tailored to meet the needs of individuals and businesses. Its product portfolio includes motor insurance, medical insurance, property insurance, and various other general insurance lines. Al Rajhi Takaful is distinguished by its cooperative…
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Frequently asked questions
Is Al Rajhi Company for Cooperative Insurance (8230) halal?
Al Rajhi Company for Cooperative Insurance is compliant on business activity: it is an Islamic bank, so the debt and interest-income ratios that apply to ordinary companies are not used.
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 Al Rajhi Company for Cooperative Insurance'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.