Is Petro Rabigh (2380) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 186.1% / 30% | 8.3% / 30% | 20.3% / 30% | 0.05% / 5% | ✗ NOT HALAL |
| DJIM | 186.1% / 33% | 8.3% / 33% | 20.3% / 33% | 0.05% / 5% | ✗ NOT HALAL |
| MSCI | 52.9% / 33% | 2.4% / 33% | 5.8% / 33% | 0.05% / 5% | ✗ NOT HALAL |
| S&P | 186.1% / 33% | 8.3% / 33% | 20.3% / 33% | 0.05% / 5% | ✗ NOT HALAL |
| FTSE | 52.9% / 33% | 2.4% / 33% | 5.8% / 50% | 0.05% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -5.1% | |
| Operating Margin | -1.6% | |
| Net Margin | -11.1% | |
| Return on Equity (ROE) | -34.2% | |
| Return on Assets (ROA) | -2.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2.2B |
| Free Cash Flow | -$1.6B |
| Total Debt | $25.2B |
| Debt-to-Equity | 193.4 |
| Current Ratio | 0.4 |
| Total Assets | $58.6B |
Price & Trading
| Last Close | SAR 9.74 |
| 50-Day MA | SAR 7.53 |
| 200-Day MA | SAR 7.50 |
| Avg Volume | 3.5M |
| Beta | 0.3 |
|
52-Week Range
SAR 6.26
| |
About Petro Rabigh (2380)
Rabigh Refining and Petrochemical Company engages in the development, construction, and operation of an integrated refining and petrochemical complex in the Middle East, the Asia Pacific, and internationally. The company operates in Refined Products and Petrochemicals segments. It offers polymers, such as high-density polyethylene, polypropylene homo polymer, block copolymer polypropylene, linear low-density polyethylene, ethylene vinyl acetate, ethylene propylene diene rubber, termo plastic olefin, poly methyl methacrylate, and polyamide 6. The company also provides mono ethylene glycol, propylene oxide, methyl methacrylate, phenol, acetone, para xylene, and benzen monomer related products. In addition, it offers fuel oil, diesel, gasoline, kerosene, light naphtha, and liquefied petroleum gas. Its products are used in various end products, such as plastics, detergents, lubricants, resins, coolants, anti-freeze, paint, carpets, rope, clothing, shampoo, auto interiors, epoxy glue, insulation, film, fibers, household appliances, packaging, candles, pipes, and other applications. The company was incorporated in 2005 and is headquartered in Rabigh, the Kingdom of Saudi Arabia. As of October 9, 2025 Rabigh Refining and Petrochemical Company is a subsidiary of Saudi Arabian Oil Company.
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Frequently Asked Questions
Is Petro Rabigh (2380) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Petro Rabigh is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Petro Rabigh's debt ratio?
Petro Rabigh's debt ratio is 186.1% 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 52.9%.
What are Petro Rabigh's key financial metrics?
Petro Rabigh has a market capitalization of $21.6B, and revenue of $35.0B. The company maintains a gross margin of -5.1% and a net margin of -11.1%. Return on equity stands at -34.2%.
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.