Is Qatar Gas Transport Company Ltd. (QGTS) halal?
Qatar Gas Transport Company Ltd. is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 94.3% of market capitalisation (limit 30%); non-permissible (interest) income is 3.3% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 94.3% | < 30% | Over limit |
| Non-permissible income ÷ revenue | 3.3% | < 5% | Within limit |
About Qatar Gas Transport Company Ltd.
Qatar Gas Transport Company Ltd., often referred to as Nakilat, is a key player in the global liquefied natural gas (LNG) shipping industry. The company specializes in transporting LNG, owning one of the largest fleet of tankers in the world. This vital infrastructure supports Qatar's significant LNG industry by enabling the efficient and reliable global distribution of natural gas, crucial for meeting energy demands worldwide. Nakilat also provides an array of marine and…
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Frequently asked questions
Is Qatar Gas Transport Company Ltd. (QGTS) halal?
Qatar Gas Transport Company Ltd. is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 94.3% of market capitalisation (limit 30%); non-permissible (interest) income is 3.3% 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 Qatar Gas Transport Company Ltd.'s dividends should be purified?
About 3.3% 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.