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Is Salam International Investment Limited (SIIS) halal?

Qatar Exchange (QSE) · Industrials — Conglomerates
Not compliant

Salam International Investment Limited is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 260.2% of market capitalisation (limit 30%); non-permissible (interest) income is 0.4% of revenue (limit 5%).

The AAOIFI financial screen

TestResultLimitStatus
Interest-bearing debt ÷ market capitalisation260.2%< 30%Over limit
Non-permissible income ÷ revenue0.4%< 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 Salam International Investment Limited

Salam International Investment Limited is a diversified investment company that engages in various business sectors across national and international markets. The primary function of this company is to manage and invest in a range of industries, including construction and development, oil and gas services, hospitality and tourism, trading of consumer goods, and the luxury retail sector. Salam International plays a crucial role in contributing to economic growth by…

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Frequently asked questions

Is Salam International Investment Limited (SIIS) halal?

Salam International Investment Limited is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 260.2% of market capitalisation (limit 30%); non-permissible (interest) income is 0.4% 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 Salam International Investment Limited's dividends should be purified?

About 0.4% 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.

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.