Maaden (8010) Financial Ratio Screen

SAU Financial Services Saudi Arabia SAR 19504M
BUSINESS EXCLUSION FLAG*
Automated financial screen · activity assessed separately
Maaden (8010) is potentially non-compliant because its supplied classification is Insurance - Life. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

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MSCI new-inclusion financial-ratio snapshot

8010 financial screening at a glance

BUSINESS EXCLUSION FLAG*Financial ratios shown separately from business review — not a fatwa
Debt ratio
N/A
Not available vs 30%
Cash ratio
N/A
Not available vs 30%
Receivables + cash
N/A
Not available vs 30%
Impermissible income
N/A
Not available vs 5%

Calculation date: 2026-08-31. Financial period used: December 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleBusiness exclusion flagSupplied classification requires attention
FTSE/Yasaar-styleBusiness exclusion flagSupplied classification requires attention
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityBusiness exclusion flagSupplied sector or industry classification matched an exclusion
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2025Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Business exclusion flag

The supplied classification (Insurance - Life) matches a prohibited-activity category.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: The Company for Cooperative Insurance operates as an insurance company in the Kingdom of Saudi Arabia. The company operates through Medical, Medical Umrah, Motor, Property and Casualty, General Accidents, Travel and COVID-19, Protection and Savings, and Inherent Insurance Defects segments. It offers mobility insurance, such as motor, SME motor, cross border own damage, mechanical breakdown, and luxury car insurance; and health, including My Family, a medical insurance program, SME health, Umrah insurance, visit visa insurance, domestic worker, parent's insurance, Takaful, Balsam, and premium residency. The company also provides general insurance comprising property, home, engineering, aviation, energy, general accident, Hajj, travel, inherent defects, sports, and credit, as well as marine cargo and hull, medical malpractice, SME general, domestic worker contract, income protection, Tawuniya Dare, and civil liability. In addition, it offers life insurance, retirement insurance, and education program for children; coverage of compulsory travel insurance in addition to some coverages related to COVID-19 for citizens travelling abroad; protection and savings; roadside assistance, claim services, chronic disease management, request for eligibility letter, home children vaccination, and wellness and health services programs. The company was formerly known as National Company for Cooperative Insurance and changed its name to The Company for Cooperative Insurance in 2004. The Company for Cooperative Insurance was incorporated in 1986 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Sources to verify: Secondary company profile and classification · Issuer website

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI Excluded — Insurance - Life BUSINESS EXCLUSION FLAG*
FTSE Excluded — Insurance - Life BUSINESS EXCLUSION FLAG*

Financial Highlights

P/E Ratio
17.7
Forward: 17.1
EPS
$7.34
Dividend Yield
117.0%
Payout: 20.4%
P/B Ratio
3.6
EV/EBITDA
9.8
EV: $13.7B
Revenue
$19.7B
Growth: 21.2%
Beta
0.5
Low volatility
Current Ratio
4.7

Profitability

Gross Margin -0.1%
Operating Margin 4.6%
Net Margin 5.7%
Return on Equity (ROE) 22.4%
Return on Assets (ROA) 3.6%

Cash Flow & Balance Sheet

Operating Cash Flow$137M
Free Cash Flow-$343M
Total Debt$692M
Debt-to-Equity12.9
Current Ratio4.7
Total Assets$21.8B

Price & Trading

Last CloseSAR 128.40
50-Day MASAR 131.95
200-Day MASAR 130.59
Avg Volume408K
Beta0.5
52-Week Range
SAR 111.80
SAR 161.00

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Maaden (8010)

CEO
Mr. Othman Yousef Alkassabi
Sector
Financial Services
Industry
Insurance - Life
Country
Saudi Arabia
Exchange
SAU
Market Cap (listing currency)
SAR 19504M
Currency
SAR

The Company for Cooperative Insurance operates as an insurance company in the Kingdom of Saudi Arabia. The company operates through Medical, Medical Umrah, Motor, Property and Casualty, General Accidents, Travel and COVID-19, Protection and Savings, and Inherent Insurance Defects segments. It offers mobility insurance, such as motor, SME motor, cross border own damage, mechanical breakdown, and luxury car insurance; and health, including My Family, a medical insurance program, SME health, Umrah insurance, visit visa insurance, domestic worker, parent's insurance, Takaful, Balsam, and premium residency. The company also provides general insurance comprising property, home, engineering, aviation, energy, general accident, Hajj, travel, inherent defects, sports, and credit, as well as marine cargo and hull, medical malpractice, SME general, domestic worker contract, income protection, Tawuniya Dare, and civil liability. In addition, it offers life insurance, retirement insurance, and education program for children; coverage of compulsory travel insurance in addition to some coverages related to COVID-19 for citizens travelling abroad; protection and savings; roadside assistance, claim services, chronic disease management, request for eligibility letter, home children vaccination, and wellness and health services programs. The company was formerly known as National Company for Cooperative Insurance and changed its name to The Company for Cooperative Insurance in 2004. The Company for Cooperative Insurance was incorporated in 1986 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

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Frequently Asked Questions

Is Maaden (8010) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Maaden's debt ratio?

Maaden's debt ratio is not available in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Maaden's key financial metrics?

Maaden has a market capitalization of SAR 19504M in its listing currency, trailing P/E ratio of 17.7, and revenue of $19.7B. The company maintains a gross margin of -0.1% and a net margin of 5.7%. Return on equity stands at 22.4%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

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.