Is Alhokair (4210) Halal?

SAU Communication Services Saudi Arabia $7.0B
✓ HALAL
Confidence: 95/100
Alhokair (4210) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 13.9% against the AAOIFI threshold of 30%, Alhokair comfortably passes the key financial ratio tests. The company operates in the Communication Services sector (Publishing), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 13.9%
/ 30%
7.8%
/ 30%
14.2%
/ 30%
1.16%
/ 5%
✓ HALAL
DJIM 13.9%
/ 33%
7.8%
/ 33%
14.2%
/ 33%
1.16%
/ 5%
✓ HALAL
MSCI 17.2%
/ 33%
9.6%
/ 33%
17.6%
/ 33%
1.16%
/ 5%
✓ HALAL
S&P 13.9%
/ 33%
7.8%
/ 33%
14.2%
/ 33%
1.16%
/ 5%
✓ HALAL
FTSE 17.2%
/ 33%
9.6%
/ 33%
17.6%
/ 50%
1.16%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-1.56
P/B Ratio
2.2
EV/EBITDA
42.2
EV: $7.3B
Revenue
$3.3B
Growth: -19.8%
Beta
0.4
Low volatility
Current Ratio
1.2

Profitability

Gross Margin 17.1%
Operating Margin -3.3%
Net Margin -4.5%
Return on Equity (ROE) -5.7%
Return on Assets (ROA) -0.3%

Cash Flow & Balance Sheet

Operating Cash Flow$239M
Free Cash Flow$63M
Total Debt$943M
Debt-to-Equity26.3
Current Ratio1.2
Total Assets$5.5B

Price & Trading

Last CloseSAR 88.00
50-Day MASAR 100.55
200-Day MASAR 149.85
Avg Volume177K
Beta0.4
52-Week Range
SAR 70.50
SAR 202.10

About Alhokair (4210)

CEO
Ms. Jomana bint Rashed Alrashid
Employees
2,000
Sector
Communication Services
Industry
Publishing
Country
Saudi Arabia
Exchange
SAU
Market Cap
$7.0B
Currency
SAR

Saudi Research and Media Group, together with its subsidiaries, operates as a publishing company in Saudi Arabia, Europe, North America, Asia, North Africa, the Middle East, and Africa. It engages in trading, media, advertising, distribution, printing and publishing, and public relations and communication business, as well as gaming, commercial, maintenance and possession of intellectual properties, import and export, wholesale trade, and books publishing activities. Its digital portfolio includes Asharq Al-Awsat, Al Majalla, Arab News, Hia Magazine, Asharq News and Asharq Business with Bloomberg, Asharq Documentary, Asharq Discovery, Billboard Arabia, Argaam, Thmanyah, Manga Arabia, and List Magazine. The company also provides visual and printed media and advertising services; television broadcasting, and radio and forums; news wire; and finance and business services, as well as produces and distributes electronic audio and video content. In addition, it holds and organizes exhibitions, conferences, and forums; trades in books, printing accessories, and communication equipment; develops software; engages in packaging industries; provides training and consulting services; and offers rental, research and support, communication, and Internet services, as well as develops educational methods. The company was formerly known as Saudi Research and Marketing Group and changed its name to Saudi Research and Media Group in May 2021. Saudi Research and Media Group was founded in 1972 and is based in Riyadh, Saudi Arabia.

Purification Calculator

As a halal stock with 1.16% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Alhokair (4210) halal to invest in?

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

Alhokair's debt ratio is 13.9% 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 17.2%.

Does Alhokair require dividend purification?

Yes, Alhokair has an impermissible income ratio of 1.16%, which means 1.16% 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 Alhokair's key financial metrics?

Alhokair has a market capitalization of $7.0B, and revenue of $3.3B. The company maintains a gross margin of 17.1% and a net margin of -4.5%. Return on equity stands at -5.7%.

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.