Is Tihama (8070) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| 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 | 9.7% | |
| Operating Margin | 16.5% | |
| Net Margin | -3.0% | |
| Return on Equity (ROE) | -2.7% | |
| Return on Assets (ROA) | 0.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$32M |
| Free Cash Flow | -$40M |
| Total Debt | $1M |
| Debt-to-Equity | 4.3 |
| Current Ratio | 25.1 |
| Total Assets | $3.6B |
Price & Trading
| Last Close | SAR 10.60 |
| 50-Day MA | SAR 11.34 |
| 200-Day MA | SAR 12.83 |
| Avg Volume | 261K |
| Beta | 0.3 |
|
52-Week Range
SAR 9.45
| |
About Tihama (8070)
Arabian Shield Cooperative Insurance Company provides various insurance products in the Kingdom of Saudi Arabia. It offers motor, property, engineering, marine, travel, personal accident, extended visit visa, and craftsman's insurance; medical insurance, such as health and medical malpractice insurance; and education, marriage, retirement, ladies, and investment protection and saving insurance. The Company was founded in 1998 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
Related Halal Stocks in Financial Services
Frequently Asked Questions
Is Tihama (8070) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Tihama 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 Tihama's debt ratio?
Tihama's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Tihama's key financial metrics?
Tihama has a market capitalization of $844M, and revenue of $1.1B. The company maintains a gross margin of 9.7% and a net margin of -3.0%. Return on equity stands at -2.7%.
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.