Is Alandalus Property (8020) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| DJIM | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| MSCI | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| S&P | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| FTSE | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 0.4% | |
| Operating Margin | 2.1% | |
| Net Margin | 1.5% | |
| Return on Equity (ROE) | 4.8% | |
| Return on Assets (ROA) | -1.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$90M |
| Free Cash Flow | -$91M |
| Total Debt | $231,000 |
| Debt-to-Equity | 0.1 |
| Current Ratio | 16.6 |
| Total Assets | $1.2B |
Price & Trading
| Last Close | SAR 8.77 |
| 50-Day MA | SAR 9.34 |
| 200-Day MA | SAR 11.36 |
| Avg Volume | 200K |
| Beta | 0.5 |
|
52-Week Range
SAR 8.14
| |
About Alandalus Property (8020)
Malath Cooperative Insurance Company provides insurance products and related services to individuals, small and medium enterprises, and corporates in the Kingdom of Saudi Arabia. It operates through Medical, Motor, Property, Engineering, Marine, and Others segments. The company also offers casualty and other general insurance. Malath Cooperative Insurance Company was incorporated in 2007 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
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Frequently Asked Questions
Is Alandalus Property (8020) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Alandalus Property 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 Alandalus Property's debt ratio?
Alandalus Property's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Alandalus Property's key financial metrics?
Alandalus Property has a market capitalization of $436M, trailing P/E ratio of 20.3, and revenue of $1.5B. The company maintains a gross margin of 0.4% and a net margin of 1.5%. Return on equity stands at 4.8%.
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.