Sanad
Home › Halal stock list › MHAR

Is Al Mahhar Holding Company Q.P.S.C. (MHAR) halal?

Qatar Exchange (QSE) · Industrials — Specialty Machinery
Compliant

Al Mahhar Holding Company Q.P.S.C. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 10.9% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.2% of revenue (limit 5%).

The AAOIFI financial screen

TestResultLimitStatus
Interest-bearing debt ÷ market capitalisation10.9%< 30%Within limit
Non-permissible income ÷ revenue0.2%< 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.

Purification

Even a compliant company earns a little interest. About 0.2% of Al Mahhar Holding Company Q.P.S.C.'s revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 0.2% of each dividend. Open the full analysis for the amount per share.

About Al Mahhar Holding Company Q.P.S.C.

Al Mahhar Holding Company Q.P.S.C. is a holding company primarily engaged in investment activities across multiple sectors. The company strategically acquires and manages a diverse portfolio of subsidiaries and affiliated businesses, focusing on long-term value generation. Operating mainly within the Qatari market, Al Mahhar Holding Company plays a crucial role in fostering economic growth and diversification by investing in a wide range of industries, including real…

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 Al Mahhar Holding Company Q.P.S.C. (MHAR) halal?

Al Mahhar Holding Company Q.P.S.C. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 10.9% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.2% 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 Al Mahhar Holding Company Q.P.S.C.'s dividends should be purified?

About 0.2% 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.