Is NASEEJ (4013) Halal?

SAU Healthcare Saudi Arabia $88.9B
✓ HALAL
Confidence: 95/100
NASEEJ (4013) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 11.2% against the AAOIFI threshold of 30%, NASEEJ 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 11.2%
/ 30%
2.7%
/ 30%
2.0%
/ 30%
0.38%
/ 5%
✓ HALAL
DJIM 11.2%
/ 33%
2.7%
/ 33%
2.0%
/ 33%
0.38%
/ 5%
✓ HALAL
MSCI 40.1%
/ 33%
9.8%
/ 33%
7.0%
/ 33%
0.38%
/ 5%
✗ NOT HALAL
S&P 11.2%
/ 33%
2.7%
/ 33%
2.0%
/ 33%
0.38%
/ 5%
✓ HALAL
FTSE 40.1%
/ 33%
9.8%
/ 33%
7.0%
/ 50%
0.38%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
37.1
Forward: 33.8
EPS
$6.85
Dividend Yield
210.0%
Payout: 69.2%
P/B Ratio
11.3
EV/EBITDA
29.7
EV: $94.7B
Revenue
$13.7B
Growth: 18.3%
Beta
0.4
Low volatility
Current Ratio
1.1

Profitability

Gross Margin 30.6%
Operating Margin 18.4%
Net Margin 17.5%
Return on Equity (ROE) 31.1%
Return on Assets (ROA) 7.5%

Cash Flow & Balance Sheet

Operating Cash Flow$3.4B
Free Cash Flow$419M
Total Debt$9.3B
Debt-to-Equity110.4
Current Ratio1.1
Total Assets$23.2B

Price & Trading

Last CloseSAR 249.10
50-Day MASAR 251.11
200-Day MASAR 255.97
Avg Volume198K
Beta0.4
52-Week Range
SAR 215.00
SAR 290.60

About NASEEJ (4013)

CEO
Mr. Faisal Bin Abdullah Ali Al Nassar
Website
Sector
Healthcare
Industry
Medical Care Facilities
Country
Saudi Arabia
Exchange
SAU
Market Cap
$88.9B
Currency
SAR

Dr. Sulaiman Al Habib Medical Services Group Company, together with its subsidiaries, provides private health and support services in the Kingdom of Saudi Arabia. It operates through three segments: Hospitals/Healthcare Facilities, Pharmacies, and Other Solutions Sector. The company establishes, manages, and operates hospitals, general and specialized medical complexes, day surgery centers, and pharmaceutical facilities. It also provides home medical care; specialized medical laboratories; information technology and systems; facility maintenance; telemedicine; revenue cycle management; and medical equipment maintenance services, as well as engages in real estate activities. The company was founded in 1993 and is based in Riyadh, the Kingdom of Saudi Arabia.

Purification Calculator

As a halal stock with 0.38% impermissible income, you need to purify your dividends.

Enter your dividends to calculate purification amount

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Frequently Asked Questions

Is NASEEJ (4013) halal to invest in?

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

NASEEJ's debt ratio is 11.2% 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 40.1%.

Does NASEEJ require dividend purification?

Yes, NASEEJ has an impermissible income ratio of 0.38%, which means 0.38% 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 NASEEJ's key financial metrics?

NASEEJ has a market capitalization of $88.9B, trailing P/E ratio of 37.1, and revenue of $13.7B. The company maintains a gross margin of 30.6% and a net margin of 17.5%. Return on equity stands at 31.1%.

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.