Is Sands China (1928) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 5.7% / 30% | 1.4% / 30% | 0.1% / 30% | N/A | ✓ HALAL |
| DJIM | 5.7% / 33% | 1.4% / 33% | 0.1% / 33% | N/A | ✓ HALAL |
| MSCI | 73.1% / 33% | 17.6% / 33% | 1.6% / 33% | N/A | ✗ NOT HALAL |
| S&P | 5.7% / 33% | 1.4% / 33% | 0.1% / 33% | N/A | ✓ HALAL |
| FTSE | 73.1% / 33% | 17.6% / 33% | 1.6% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 79.4% | |
| Operating Margin | 18.1% | |
| Net Margin | 12.0% | |
| Return on Equity (ROE) | 73.7% | |
| Return on Assets (ROA) | 7.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2.1B |
| Free Cash Flow | $1.2B |
| Total Debt | $8.2B |
| Debt-to-Equity | 506.6 |
| Current Ratio | 0.9 |
| Total Assets | $11.2B |
Price & Trading
| Last Close | HKD 16.76 |
| 50-Day MA | HKD 17.81 |
| 200-Day MA | HKD 19.24 |
| Avg Volume | 15.6M |
| Beta | 0.5 |
|
52-Week Range
HKD 12.20
| |
About Sands China (1928)
Sands China Ltd. develops, owns, and operates integrated resorts and casinos in Macao. It owns and operates The Venetian Macao, The Londoner Macao, The Parisian Macao resort, The Plaza Macao, and The Sands Macao casino; the Cotai Expo, a convention and exhibition hall; and the Cotai Arena and the Londoner Arena entertainment venues, as well as Cotai Water Jet ferry for leisure and business travelers. It offers ferry transportation and leasing services, and pontoon leasing; gaming and other related activities; travel and tourism agency services; security services; human resources administration services; and mall management services, as well as outsourcing services, including information technology, accounting, hotel management, and marketing. The company was incorporated in 2009 and is headquartered in Taipa, Macau. Sands China Ltd. operates as a subsidiary of Las Vegas Sands Corp.
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Frequently Asked Questions
Is Sands China (1928) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Sands China is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Sands China's debt ratio?
Sands China's debt ratio is 5.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 73.1%.
What are Sands China's key financial metrics?
Sands China has a market capitalization of $137.1B, trailing P/E ratio of 19.5. The company maintains a gross margin of 79.4% and a net margin of 12.0%. Return on equity stands at 73.7%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.