Is Saudi Steel Pipes Company SJSC halal to invest in?

As of July 2026, Saudi Steel Pipes Company SJSC 1320.SR is classified as 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 Steel Pipes 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 Steel Pipes Company SJSC using these criteria to determine its compliance status.

Can Muslims buy shares of Saudi Steel Pipes Company SJSC?

Muslim investors may consider investing in Saudi Steel Pipes 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 Steel Pipes Company SJSC classified as HALAL?

Musaffa determines the Shariah status of Saudi Steel Pipes 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 Steel Pipes Company SJSC updated?

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

Can a halal stock like Saudi Steel Pipes 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 Steel Pipes Company SJSC?

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

Saudi Steel Pipes Company SJSC 1320.SR

Last Updated: Jul 13, 12:00 AM·TASI

1320.SR Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Saudi Steel Pipes Company SJSC is classified as halal.

HALAL

Report Source: 2025 Annual Report

Saudi Steel Pipes Company SJSC. Stock Analysis 1320.SR

Saudi Arabia Materials Small Cap Report: 2025 Annual

Saudi Steel Pipe Co. engages in the manufacture of welded steel pipes. The company is headquartered in Dammam, Eastern Province. The company went IPO on 2009-08-04. The firm operates through two segments: Steel Pipe Segment includes manufacturing of welded steel pipes by high frequency induction welding and galvanizing, coating, threading and bending of the pipes used in oil and gas, water and construction sectors, as well as Process Equipment Segment, which includes design, manufacture, assemble and maintain heavy process equipment for the utilization of oil and gas, power generation, desalination, mining, solar energy and offshore plants. Its product range includes black and galvanized steel pipes, ERW/HFI galvanized and threaded steel pipes, seamless pipes, pipes with three-layer external coating by polyethylene and polypropylene in different diameters, pipes with epoxy coating inside, bended pipes in different diameters, space frame and submerged arc welded pipes.

Key Statistics of Saudi Steel Pipes Company SJSC (1320.SR)

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

Today's Range

SAR50.15SAR51.50

Today's Open

SAR51.20

Volume

236.57K

P/E Ratio (TTM)

12.60

52 Week Range

SAR35.80SAR60.70

Market Cap

2.67B

Avg. Volume

338.08K

Dividend Yield

8.27%

Financial Metrics & Statements of Saudi Steel Pipes Company SJSC (1320.SR)

Super Investors Invested in Saudi Steel Pipes Company SJSC (1320.SR)

FAQ's for Saudi Steel Pipes Company SJSC (1320.SR)

As of July 2026, Saudi Steel Pipes Company SJSC 1320.SR is classified as 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 Steel Pipes Company SJSC using these criteria to determine its compliance status.
Muslim investors may consider investing in Saudi Steel Pipes 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 Steel Pipes 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 Steel Pipes 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 Steel Pipes Company SJSC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.