Is Yanbu National Petro (2290) Halal?

SAU Basic Materials Saudi Arabia $19.5B
✓ HALAL
Confidence: 95/100
Yanbu National Petro (2290) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 0.6% against the AAOIFI threshold of 30%, Yanbu National Petro comfortably passes the key financial ratio tests. The company operates in the Basic Materials sector (Chemicals), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.6%
/ 30%
17.7%
/ 30%
9.4%
/ 30%
0.0%
/ 5%
✓ HALAL
DJIM 0.6%
/ 33%
17.7%
/ 33%
9.4%
/ 33%
0.0%
/ 5%
✓ HALAL
MSCI 0.8%
/ 33%
21.3%
/ 33%
11.3%
/ 33%
0.0%
/ 5%
✓ HALAL
S&P 0.6%
/ 33%
17.7%
/ 33%
9.4%
/ 33%
0.0%
/ 5%
✓ HALAL
FTSE 0.8%
/ 33%
21.3%
/ 33%
11.3%
/ 50%
0.0%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
247.4
Forward: 26.2
EPS
$0.14
Dividend Yield
582.0%
Payout: 1428.6%
P/B Ratio
1.8
EV/EBITDA
16.6
EV: $16.6B
Revenue
$5.6B
Growth: -7.2%
Beta
0.4
Low volatility
Current Ratio
3.7

Profitability

Gross Margin 11.5%
Operating Margin -8.0%
Net Margin 1.4%
Return on Equity (ROE) 0.7%
Return on Assets (ROA) 0.2%

Cash Flow & Balance Sheet

Operating Cash Flow$1.2B
Free Cash Flow$840M
Total Debt$103M
Debt-to-Equity1.0
Current Ratio3.7
Total Assets$13.3B

Price & Trading

Last CloseSAR 34.36
50-Day MASAR 28.55
200-Day MASAR 30.54
Avg Volume884K
Beta0.4
52-Week Range
SAR 24.00
SAR 37.28

About Yanbu National Petro (2290)

CEO
Mr. Wazen bin Mubarak Al-Solami
Sector
Basic Materials
Industry
Chemicals
Country
Saudi Arabia
Exchange
SAU
Market Cap
$19.5B
Currency
SAR

Yanbu National Petrochemical Company manufactures and sells petrochemical products in the Kingdom of Saudi Arabia. The company's products portfolio includes ethylene, propylene, mono ethylene glycol, di ethylene glycol, tri ethylene glycol, polypropylene, low linear density polyethylene, high density polyethylene, butene 1, butene 2, methyl tert-butyl ether, benzene, and toluene-xylene-benzene blend. Its products are used for packaging, textile, cast film, pipes for gas and water transportation, blown films with paper-like quality, suitable for counter bags, carrier bags and wrapping films, extrusion, stretched tapes for woven fabrics, staple fibers for stitching yarn, spun-bond women and non-woven high speed, as well as injection molding. The company was incorporated in 2006 and is headquartered in Yanbu, the Kingdom of Saudi Arabia. Yanbu National Petrochemical Company is a subsidiary of Saudi Basic Industries Corporation.

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Frequently Asked Questions

Is Yanbu National Petro (2290) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Yanbu National Petro 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 Yanbu National Petro's debt ratio?

Yanbu National Petro's debt ratio is 0.6% 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 0.8%.

What are Yanbu National Petro's key financial metrics?

Yanbu National Petro has a market capitalization of $19.5B, trailing P/E ratio of 247.4, and revenue of $5.6B. The company maintains a gross margin of 11.5% and a net margin of 1.4%. Return on equity stands at 0.7%.

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.