Is Qatari Investors Group (QIGD) halal?
Qatari Investors Group is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 32.7% of market capitalisation (limit 30%); non-permissible (interest) income is 3.4% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 32.7% | < 30% | Over limit |
| Non-permissible income ÷ revenue | 3.4% | < 5% | Within limit |
About Qatari Investors Group
Qatari Investors Group is a leading conglomerate based in Qatar, focusing on investment and management across diverse sectors. Primarily engaged in the production and sale of building materials, such as cement and other construction-related products, the group plays a pivotal role in supporting Qatar's dynamic construction industry. Apart from manufacturing, Qatari Investors Group extends its operations into various sectors, including property development, insurance…
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Frequently asked questions
Is Qatari Investors Group (QIGD) halal?
Qatari Investors Group is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 32.7% of market capitalisation (limit 30%); non-permissible (interest) income is 3.4% 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 Qatari Investors Group's dividends should be purified?
About 3.4% 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.