Is Industries Qatar (IQCD) halal?
Industries Qatar is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 0.7% of market capitalisation (limit 30%), and non-permissible (interest) income is 2.6% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 0.7% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 2.6% | < 5% | Within limit |
Purification
Even a compliant company earns a little interest. About 2.6% of Industries Qatar's revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 2.6% of each dividend. Open the full analysis for the amount per share.
About Industries Qatar
Industries Qatar Q.P.S.C. is a Qatari industrial conglomerate that operates through subsidiaries in three core segments: petrochemicals, fertiliser and steel. The group’s petrochemicals businesses focus on producing and marketing ethylene, polyethylene and related derivatives, along with fuel additives such as methanol and MTBE used in global energy and chemical value chains. Its fertiliser operations manufacture ammonia and urea, supplying nitrogen-based fertilisers to…
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Frequently asked questions
Is Industries Qatar (IQCD) halal?
Industries Qatar is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 0.7% of market capitalisation (limit 30%), and non-permissible (interest) income is 2.6% 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 Industries Qatar's dividends should be purified?
About 2.6% 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 2026-10-26.