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Is Qatar Fuel (QFLS) halal?

Qatar Exchange (QSE) · Energy — Fuel Distribution
Compliant

Qatar Fuel is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 8.9% of market capitalisation (limit 30%), and non-permissible (interest) income is 1.2% of revenue (limit 5%).

The AAOIFI financial screen

TestResultLimitStatus
Interest-bearing debt ÷ market capitalisation8.9%< 30%Within limit
Non-permissible income ÷ revenue1.2%< 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 1.2% of Qatar Fuel's revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 1.2% of each dividend. Open the full analysis for the amount per share.

About Qatar Fuel

Qatar Fuel Company Q.P.S.C. is a downstream oil and gas company that focuses on the storage, distribution, and marketing of refined petroleum products in Qatar. The company plays a central role in meeting the country’s fuel needs by supplying gasoline, diesel, and aviation fuel, and it operates an extensive network of modern service stations nationwide. Through its retail footprint, Qatar Fuel Company Q.P.S.C. also offers convenience retail under the SIDRA brand, vehicle…

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Frequently asked questions

Is Qatar Fuel (QFLS) halal?

Qatar Fuel is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 8.9% of market capitalisation (limit 30%), and non-permissible (interest) income is 1.2% 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 Qatar Fuel's dividends should be purified?

About 1.2% 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.