Is National Medical Care (4005) Halal?

SAU Healthcare Saudi Arabia $6.0B
✓ HALAL
Confidence: 95/100
National Medical Care (4005) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 9.1% against the AAOIFI threshold of 30%, National Medical Care comfortably passes the key financial ratio tests. The company operates in the Healthcare sector (Medical Care Facilities), 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 9.1%
/ 30%
9.3%
/ 30%
14.3%
/ 30%
1.17%
/ 5%
✓ HALAL
DJIM 9.1%
/ 33%
9.3%
/ 33%
14.3%
/ 33%
1.17%
/ 5%
✓ HALAL
MSCI 18.6%
/ 33%
19.1%
/ 33%
29.4%
/ 33%
1.17%
/ 5%
✓ HALAL
S&P 9.1%
/ 33%
9.3%
/ 33%
14.3%
/ 33%
1.17%
/ 5%
✓ HALAL
FTSE 18.6%
/ 33%
19.1%
/ 33%
29.4%
/ 50%
1.17%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
18.9
Forward: 18.1
EPS
$7.14
Dividend Yield
153.0%
Payout: 28.1%
P/B Ratio
3.3
EV/EBITDA
13.3
EV: $5.8B
Revenue
$1.6B
Growth: 8.6%
Beta
0.5
Low volatility
Current Ratio
4.3

Profitability

Gross Margin 36.4%
Operating Margin 20.2%
Net Margin 19.9%
Return on Equity (ROE) 18.3%
Return on Assets (ROA) 8.4%

Cash Flow & Balance Sheet

Operating Cash Flow$154M
Free Cash Flow$23M
Total Debt$516M
Debt-to-Equity27.9
Current Ratio4.3
Total Assets$2.8B

Price & Trading

Last CloseSAR 130.70
50-Day MASAR 140.81
200-Day MASAR 156.68
Avg Volume170K
Beta0.5
52-Week Range
SAR 110.80
SAR 183.50

About National Medical Care (4005)

CEO
Dr. Abdulaziz Saleh Alobaid
Sector
Healthcare
Industry
Medical Care Facilities
Country
Saudi Arabia
Exchange
SAU
Market Cap
$6.0B
Currency
SAR

National Medical Care Company, together with its subsidiaries, owns, establishes, equips, manages, maintains, and operates healthcare facilities in the Kingdom of Saudi Arabia. It also provides home health care services. The company was founded in 2003 and is based in Riyadh, the Kingdom of Saudi Arabia.

Purification Calculator

As a halal stock with 1.17% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is National Medical Care (4005) halal to invest in?

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

National Medical Care's debt ratio is 9.1% 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 18.6%.

Does National Medical Care require dividend purification?

Yes, National Medical Care has an impermissible income ratio of 1.17%, which means 1.17% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are National Medical Care's key financial metrics?

National Medical Care has a market capitalization of $6.0B, trailing P/E ratio of 18.9, and revenue of $1.6B. The company maintains a gross margin of 36.4% and a net margin of 19.9%. Return on equity stands at 18.3%.

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.