Is Qassim Cement (3040) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.2% / 30% | 13.2% / 30% | 3.0% / 30% | 0.0% / 5% | ✓ HALAL |
| DJIM | 0.2% / 33% | 13.2% / 33% | 3.0% / 33% | 0.0% / 5% | ✓ HALAL |
| MSCI | 0.3% / 33% | 19.5% / 33% | 4.5% / 33% | 0.0% / 5% | ✓ HALAL |
| S&P | 0.2% / 33% | 13.2% / 33% | 3.0% / 33% | 0.0% / 5% | ✓ HALAL |
| FTSE | 0.3% / 33% | 19.5% / 33% | 4.5% / 50% | 0.0% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 23.0% | |
| Operating Margin | 23.6% | |
| Net Margin | 22.9% | |
| Return on Equity (ROE) | 9.6% | |
| Return on Assets (ROA) | 5.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $226M |
| Free Cash Flow | -$40M |
| Total Debt | $103M |
| Debt-to-Equity | 3.9 |
| Current Ratio | 3.4 |
| Total Assets | $3.1B |
Price & Trading
| Last Close | SAR 43.48 |
| 50-Day MA | SAR 42.67 |
| 200-Day MA | SAR 43.52 |
| Avg Volume | 138K |
| Beta | -0.0 |
|
52-Week Range
SAR 40.50
| |
About Qassim Cement (3040)
Qassim Cement Company manufactures and sells cement and related products in the Kingdom of Saudi Arabia. It offers ordinary Portland, Portland pozzolana, sulphate resistant, limestone, and finishing cement products, as well as cement derivatives and supplements. The company was incorporated in 1976 and is based in Buraydah, the Kingdom of Saudi Arabia.
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Frequently Asked Questions
Is Qassim Cement (3040) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Qassim Cement 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 Qassim Cement's debt ratio?
Qassim Cement's debt ratio is 0.2% 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 0.3%.
What are Qassim Cement's key financial metrics?
Qassim Cement has a market capitalization of $4.8B, trailing P/E ratio of 18.5, and revenue of $1.1B. The company maintains a gross margin of 23.0% and a net margin of 22.9%. Return on equity stands at 9.6%.
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.