Sanad
Home › Halal stock list › GISS

Is Gulf International Services (GISS) halal?

Qatar Exchange (QSE) · Industrials — Services
Not compliant

Gulf International Services is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 166.7% of market capitalisation (limit 30%); non-permissible (interest) income is 1.3% of revenue (limit 5%).

The AAOIFI financial screen

TestResultLimitStatus
Interest-bearing debt ÷ market capitalisation166.7%< 30%Over limit
Non-permissible income ÷ revenue1.3%< 5%Within limit

A ratio at or above 30% (debt) or 5% (income) fails. A debt ratio of 27–30% or an income ratio of 4–5% is marked "close to limit" and makes the company questionable.

About Gulf International Services

Gulf International Services is a prominent Qatari holding company operating in the energy and industrial sectors. Established to capitalize on Qatar's thriving oil and gas industry, the company serves as a cornerstone for investments across various critical sectors including insurance services, drilling services, helicopters, and catering operations. With a diversified portfolio, Gulf International Services plays a pivotal role in supporting the infrastructure and…

Open the full analysis in Sanad

Similar companies

Go deeper on Sanad

Free to look up. These parts are included with a free trial or Sanad Pro.

Frequently asked questions

Is Gulf International Services (GISS) halal?

Gulf International Services is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 166.7% of market capitalisation (limit 30%); non-permissible (interest) income is 1.3% 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 Gulf International Services's dividends should be purified?

About 1.3% 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.

Screened against AAOIFI Standard 21 using the company's latest reported financials (data updated 2026-09-16). This is an automated screen, not a fatwa; scholars differ on some thresholds. What each verdict means.