Is Natural Gas Distribution Company CJSC halal to invest in?

As of July 2026, Natural Gas Distribution Company CJSC 9516.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 Natural Gas Distribution Company CJSC 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 Natural Gas Distribution Company CJSC using these criteria to determine its compliance status.

Can Muslims buy shares of Natural Gas Distribution Company CJSC?

Muslim investors may consider investing in Natural Gas Distribution Company CJSC 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 Natural Gas Distribution Company CJSC classified as HALAL?

Musaffa determines the Shariah status of Natural Gas Distribution Company CJSC 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 Natural Gas Distribution Company CJSC updated?

The Shariah compliance status of Natural Gas Distribution Company CJSC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Natural Gas Distribution Company CJSC 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 Natural Gas Distribution Company CJSC?

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

Natural Gas Distribution Company CJSC 9516.SR

Last Updated: Jul 13, 12:00 AM·TASI

9516.SR Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Natural Gas Distribution Company CJSC is classified as halal.

HALAL

Report Source: 2025 2nd Quarter Report

Natural Gas Distribution Company CJSC. Stock Analysis 9516.SR

Saudi Arabia Utilities Nano Cap Report: Q2, 2025

Natural Gas Distribution Co. engages in the operation and maintenance of natural gas distribution networks (dry gas) in the industrial cities. The company is headquartered in Riyadh, Riyadh. The company went IPO on 2021-09-22. The firm's activity also consists of purchasing dry gas from Saudi Aramco and establishing, operating, and maintaining the distribution network for all current and future factories in the second industrial city affiliated with the industrial cities and technology zones authority in Riyadh. The firm operates one segment which is natural gas distribution.

Key Statistics of Natural Gas Distribution Company CJSC (9516.SR)

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

Today's Range

SAR24.00SAR24.15

Today's Open

SAR24.00

Volume

5347.00

P/E Ratio (TTM)

15.31

52 Week Range

SAR21.10SAR42.00

Market Cap

120.00M

Avg. Volume

4117.06

Dividend Yield

2.14%

Financial Metrics & Statements of Natural Gas Distribution Company CJSC (9516.SR)

Super Investors Invested in Natural Gas Distribution Company CJSC (9516.SR)

FAQ's for Natural Gas Distribution Company CJSC (9516.SR)

As of July 2026, Natural Gas Distribution Company CJSC 9516.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 Natural Gas Distribution Company CJSC using these criteria to determine its compliance status.
Muslim investors may consider investing in Natural Gas Distribution Company CJSC 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 Natural Gas Distribution Company CJSC 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 Natural Gas Distribution Company CJSC 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 Natural Gas Distribution Company CJSC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.