Is Zain KSA (7030) Halal?

SAU Communication Services Saudi Arabia $10.1B
✗ NOT HALAL
Confidence: 90/100
Zain KSA (7030) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 101.9% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Zain KSA operates in the Communication Services sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 101.9%
/ 30%
9.3%
/ 30%
46.6%
/ 30%
0.13%
/ 5%
✗ NOT HALAL
DJIM 101.9%
/ 33%
9.3%
/ 33%
46.6%
/ 33%
0.13%
/ 5%
✗ NOT HALAL
MSCI 36.1%
/ 33%
3.3%
/ 33%
16.5%
/ 33%
0.13%
/ 5%
✗ NOT HALAL
S&P 101.9%
/ 33%
9.3%
/ 33%
46.6%
/ 33%
0.13%
/ 5%
✗ NOT HALAL
FTSE 36.1%
/ 33%
3.3%
/ 33%
16.5%
/ 50%
0.13%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
16.8
Forward: 18.8
EPS
$0.67
Dividend Yield
441.0%
Payout: 74.6%
P/B Ratio
0.9
EV/EBITDA
6.4
EV: $19.9B
Revenue
$11.0B
Growth: 7.2%
Beta
0.1
Low volatility
Current Ratio
1.3

Profitability

Gross Margin 49.3%
Operating Margin 14.4%
Net Margin 5.5%
Return on Equity (ROE) 5.6%
Return on Assets (ROA) 2.9%

Cash Flow & Balance Sheet

Operating Cash Flow$1.8B
Free Cash Flow$1.3B
Total Debt$10.4B
Debt-to-Equity98.1
Current Ratio1.3
Total Assets$28.8B

Price & Trading

Last CloseSAR 11.34
50-Day MASAR 11.21
200-Day MASAR 10.85
Avg Volume1.7M
Beta0.1
52-Week Range
SAR 10.02
SAR 13.36

About Zain KSA (7030)

CEO
Engineer Saad Abdul Rahman Al-Sadhan
Sector
Communication Services
Industry
Telecom Services
Country
Saudi Arabia
Exchange
SAU
Market Cap
$10.1B
Currency
SAR

Mobile Telecommunications Company Saudi Arabia, together with its subsidiaries, provides mobile telecommunication services in the Kingdom of Saudi Arabia. It operates, purchases, delivers, distributes, sells, installs, manages, and maintains mobile telephone services and equipment. The company also offers consulting; fintech; and professional, scientific, and technical drone services, as well as selling and repairing services for drones; and constructs and repairs telecom towers. In addition, it provides postpaid, prepaid, and home fiber; e-SIM; and 5G internet services, as well as devices, such as smartphones, tablets, routers and Wi-Fi, gaming consoles, handset, headphones, accessories, smartwatches, computers, and smart home solutions. Further, it offers logistics and transportation; financial; and brokerage and agency services. The company was founded in 2007 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

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Frequently Asked Questions

Is Zain KSA (7030) halal to invest in?

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

Zain KSA's debt ratio is 101.9% 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 36.1%.

What are Zain KSA's key financial metrics?

Zain KSA has a market capitalization of $10.1B, trailing P/E ratio of 16.8, and revenue of $11.0B. The company maintains a gross margin of 49.3% and a net margin of 5.5%. Return on equity stands at 5.6%.

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.