Zain (ZAIN) Financial Ratio Screen

KUW Communication Services Kuwait KWF 2402M
RATIOS FAIL*
Automated financial screen · activity assessed separately
Zain (ZAIN) is potentially non-compliant in the automated ratio model. The company's debt ratio of 36.2% exceeds the 30% MSCI new-inclusion threshold relative to total assets. Zain operates in the Communication Services sector.

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MSCI new-inclusion financial-ratio snapshot

ZAIN financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
36.2%
Fail vs 30%
Cash ratio
7.4%
Pass vs 30%
Receivables + cash
16.4%
Pass vs 30%
Impermissible income
0.4%
Pass 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-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
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

Activity assessment in progress

The supplied classification (Telecom Services) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

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

Profile description reviewed: Mobile Telecommunications Company K.S.C.P., together with its subsidiaries, provides mobile telecommunication services. The company purchases, delivers, installs, manages, and maintains mobile telephone systems. It also offers WiMAX services, network consultancy and cloud solutions, and tower infrastructure services. In addition, the company invests in investment securities. It operates in Kuwait, Jordan, Iraq, Bahrain, the Kingdom of Saudi Arabia, Lebanon, Sudan, and South Sudan. The company was incorporated in 1983 and is headquartered in Kuwait City, Kuwait.

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 36.2%
/ 30%
7.4%
/ 30%
16.4%
/ 30%
0.39%
/ 5%
RATIOS FAIL*
FTSE 36.2%
/ 33%
7.4%
/ 33%
16.4%
/ 50%
0.39%
/ 5%
RATIOS FAIL*

Financial Highlights

P/E Ratio
11.1
Forward: 11.1
EPS
$0.05
Dividend Yield
1077.0%
Payout: 109.1%
P/B Ratio
1975.1
EV/EBITDA
6.2
EV: $4.6B
Revenue
$2.3B
Beta
0.1
Low volatility
Current Ratio
1.1

Profitability

Gross Margin 65.0%
Operating Margin 22.0%
Net Margin 10.4%
Return on Equity (ROE) 14.4%
Return on Assets (ROA) 4.8%

Cash Flow & Balance Sheet

Operating Cash Flow$622M
Free Cash Flow$348M
Total Debt$2.1B
Debt-to-Equity109.1
Current Ratio1.1
Total Assets$5.9B

Price & Trading

Last CloseKWF 557.00
50-Day MAKWF 536.58
200-Day MAKWF 520.95
Avg Volume4.1M
Beta0.1
52-Week Range
KWF 441.00
KWF 569.00

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 Zain (ZAIN)

CEO
Mr. Bader Bin Nasser Mohammed Al-Kharafi
Sector
Communication Services
Industry
Telecom Services
Country
Kuwait
Exchange
KUW
Market Cap (listing currency)
KWF 2402M
Currency
KWF

Mobile Telecommunications Company K.S.C.P., together with its subsidiaries, provides mobile telecommunication services. The company purchases, delivers, installs, manages, and maintains mobile telephone systems. It also offers WiMAX services, network consultancy and cloud solutions, and tower infrastructure services. In addition, the company invests in investment securities. It operates in Kuwait, Jordan, Iraq, Bahrain, the Kingdom of Saudi Arabia, Lebanon, Sudan, and South Sudan. The company was incorporated in 1983 and is headquartered in Kuwait City, Kuwait.

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Frequently Asked Questions

Is Zain (ZAIN) 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 Zain's debt ratio?

Zain's debt ratio is 36.2% 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 Zain's key financial metrics?

Zain has a market capitalization of KWF 2402M in its listing currency, trailing P/E ratio of 11.1, and revenue of $2.3B. The company maintains a gross margin of 65.0% and a net margin of 10.4%. Return on equity stands at 14.4%.

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.