Sanad
Home › Halal stock list › QAMC

Is Qatar Aluminum Manufacturing Company Q.P.S.C. (QAMC) halal?

Qatar Exchange (QSE) · Materials — Metals & Mining
Compliant

Qatar Aluminum Manufacturing Company Q.P.S.C. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 0% of market capitalisation (limit 30%), and non-permissible (interest) income is 0% of revenue (limit 5%).

The AAOIFI financial screen

TestResultLimitStatus
Interest-bearing debt ÷ market capitalisation0%< 30%Within limit
Non-permissible income ÷ revenue0%< 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 Qatar Aluminum Manufacturing Company Q.P.S.C.

Qatar Aluminum Manufacturing Company Q.P.S.C. operates as a holding company primarily focused on the investment in the aluminum sector. Its primary asset is its stake in Qatalum, one of the most efficient smelters in the region, which significantly contributes to the supply chain of aluminum products. The company plays a crucial role in serving industries ranging from automotive to construction, aerospace, and packaging, making it pivotal in both regional 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 Qatar Aluminum Manufacturing Company Q.P.S.C. (QAMC) halal?

Qatar Aluminum Manufacturing Company Q.P.S.C. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 0% of market capitalisation (limit 30%), and non-permissible (interest) income is 0% 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 Qatar Aluminum Manufacturing Company Q.P.S.C.'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 2026-09-08.

Screened against AAOIFI Standard 21 using the company's latest reported financials (data updated 2026-09-08). This is an automated screen, not a fatwa; scholars differ on some thresholds. What each verdict means.