Is Saudi Arabian Mining Company SJSC halal to invest in?

As of July 2026, Saudi Arabian Mining Company SJSC 1211.SR is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Saudi Arabian Mining Company SJSC a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Saudi Arabian Mining Company SJSC using these criteria to determine its compliance status.

Can Muslims buy shares of Saudi Arabian Mining Company SJSC?

Muslim investors may consider investing in Saudi Arabian Mining Company SJSC if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Saudi Arabian Mining Company SJSC classified as NOT HALAL?

Musaffa determines the Shariah status of Saudi Arabian Mining Company SJSC by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Saudi Arabian Mining Company SJSC updated?

The Shariah compliance status of Saudi Arabian Mining Company SJSC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Saudi Arabian Mining Company SJSC become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Saudi Arabian Mining Company SJSC?

You can check the latest Shariah compliance status of Saudi Arabian Mining Company SJSC on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Saudi Arabian Mining Company SJSC 1211.SR

Last Updated: Jul 13, 12:00 AM·TASI

1211.SR Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Saudi Arabian Mining Company SJSC is classified as not halal.

NOT HALAL

Report Source: 2026 1st Quarter Report

Saudi Arabian Mining Company SJSC. Stock Analysis 1211.SR

Saudi Arabia Materials Large Cap Report: Q1, 2026

Saudi Arabian Mining Co. engages in the exploration and development of mineral and metal resources. The company is headquartered in Riyadh, Riyadh. The company went IPO on 2008-07-28. The Company’s principal mining activities are at the Mahd Ad’ Dahab, Al-Hajar, Bulghah, Al-Amar, Sukhaybarat, As Suq, Al Jalamid, Az Zabirah, Al-Ghazallah and Al Baitha mines. The firm mainly mines gold, phosphate rock, bauxite, low-grade bauxite, kaolin and magnesite. The firm operates under the following business segments: Phosphate Strategic Business Unit Segment, Aluminum Strategic Business Unit Segment, Precious and Base Metals Strategic Business Unit Segment and Corporate. The Company’s subsidiaries are: Maaden Bauxite and Alumina Co LLC, Maaden Gold and Base Metals Co LLC and Maaden Phosphate Co, among others.

Key Statistics of Saudi Arabian Mining Company SJSC (1211.SR)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

SAR57.90SAR58.75

Today's Open

SAR58.75

Volume

1.08M

P/E Ratio (TTM)

30.06

52 Week Range

SAR49.78SAR79.90

Market Cap

229.63B

Avg. Volume

2.09M

Dividend Yield

Financial Metrics & Statements of Saudi Arabian Mining Company SJSC (1211.SR)

Super Investors Invested in Saudi Arabian Mining Company SJSC (1211.SR)

FAQ's for Saudi Arabian Mining Company SJSC (1211.SR)

As of July 2026, Saudi Arabian Mining Company SJSC 1211.SR is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Saudi Arabian Mining Company SJSC using these criteria to determine its compliance status.
Muslim investors may consider investing in Saudi Arabian Mining Company SJSC if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Saudi Arabian Mining Company SJSC by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Saudi Arabian Mining Company SJSC may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Saudi Arabian Mining Company SJSC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.