Is Budget Saudi (4260) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 38.3% / 30% | 1.8% / 30% | 14.0% / 30% | 0.0% / 5% | ✗ NOT HALAL |
| DJIM | 38.3% / 33% | 1.8% / 33% | 14.0% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| MSCI | 33.3% / 33% | 1.6% / 33% | 12.2% / 33% | 0.0% / 5% | ✓ HALAL |
| S&P | 38.3% / 33% | 1.8% / 33% | 14.0% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| FTSE | 33.3% / 33% | 1.6% / 33% | 12.2% / 50% | 0.0% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 28.5% | |
| Operating Margin | 16.6% | |
| Net Margin | 15.0% | |
| Return on Equity (ROE) | 12.5% | |
| Return on Assets (ROA) | 5.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $83M |
| Free Cash Flow | $39M |
| Total Debt | $1.7B |
| Debt-to-Equity | 60.7 |
| Current Ratio | 0.7 |
| Total Assets | $5.0B |
Price & Trading
| Last Close | SAR 42.12 |
| 50-Day MA | SAR 43.56 |
| 200-Day MA | SAR 49.95 |
| Avg Volume | 270K |
| Beta | 0.1 |
|
52-Week Range
SAR 38.40
| |
About Budget Saudi (4260)
United International Transportation Company, together with its subsidiaries, engages in the leasing and rental of vehicles, and used car sales under the Budget Rent a Car name in Saudi Arabia. It operates through Lease, Rental, and Used car sales segments. The company provides services, such as short term local and international rental, long term rental, car rental, chauffeur, limousine and cross border rental, corporate leasing, and frequent travelers loyalty programs. It also rents and leases heavy vehicles and equipment, as well as trades in heavy vehicles, equipment, and spare parts. In addition, the company is involved in the transportation of goods, air cargo, and marine freight; and trading and maintenance of vehicles. The company was founded in 1978 and is headquartered in Jeddah, Saudi Arabia.
Related Halal Stocks in Industrials
Frequently Asked Questions
Is Budget Saudi (4260) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Budget Saudi is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Budget Saudi's debt ratio?
Budget Saudi's debt ratio is 38.3% 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 33.3%.
What are Budget Saudi's key financial metrics?
Budget Saudi has a market capitalization of $4.4B, trailing P/E ratio of 12.3, and revenue of $2.0B. The company maintains a gross margin of 28.5% and a net margin of 15.0%. Return on equity stands at 12.5%.
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.