Is Southern Cement (3050) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 21.0% / 30% | 6.0% / 30% | 4.4% / 30% | 0.0% / 5% | ✓ HALAL |
| DJIM | 21.0% / 33% | 6.0% / 33% | 4.4% / 33% | 0.0% / 5% | ✓ HALAL |
| MSCI | 14.7% / 33% | 4.2% / 33% | 3.1% / 33% | 0.0% / 5% | ✓ HALAL |
| S&P | 21.0% / 33% | 6.0% / 33% | 4.4% / 33% | 0.0% / 5% | ✓ HALAL |
| FTSE | 14.7% / 33% | 4.2% / 33% | 3.1% / 50% | 0.0% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 27.6% | |
| Operating Margin | 7.5% | |
| Net Margin | 16.7% | |
| Return on Equity (ROE) | 4.4% | |
| Return on Assets (ROA) | 2.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $177M |
| Free Cash Flow | -$282M |
| Total Debt | $649M |
| Debt-to-Equity | 37.6 |
| Current Ratio | 3.8 |
| Total Assets | $4.4B |
Price & Trading
| Last Close | SAR 23.26 |
| 50-Day MA | SAR 22.46 |
| 200-Day MA | SAR 24.53 |
| Avg Volume | 60K |
| Beta | 0.1 |
|
52-Week Range
SAR 20.66
| |
About Southern Cement (3050)
Southern Province Cement Company engages in the manufacture, production and sale of cement, clinker, and its derivatives and accessories in Saudi Arabia. It sells clinker. The company was founded in 1978 and is headquartered in Abha, Saudi Arabia.
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Frequently Asked Questions
Is Southern Cement (3050) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Southern 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 Southern Cement's debt ratio?
Southern Cement's debt ratio is 21.0% 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 14.7%.
What are Southern Cement's key financial metrics?
Southern Cement has a market capitalization of $3.3B, trailing P/E ratio of 22.7, and revenue of $935M. The company maintains a gross margin of 27.6% and a net margin of 16.7%. Return on equity stands at 4.4%.
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.