Best Sharia-Compliant Saudi Stocks
The largest Sharia-compliant Saudi stocks per a rules-based AAOIFI-style screen (activity + debt/cash ratios). An estimate, not a fatwa. The list updates periodically and is informational, not a recommendation.
| # | Company | Price | Change | Market Cap | P/E | Yield |
|---|---|---|---|---|---|---|
| 1 |  Saudi Arabian Oil Co.2222 | 26.88 SAR | -1.10% | 6.50T SAR | 18.67 | 4.86% |
| 2 |  Saudi Arabian Mining Co.1211 | 62.05 SAR | +5.17% | 240.87B SAR | 32.49 | — |
| 3 |  Saudi Telecom Co.7010 | 44.12 SAR | -0.50% | 220.15B SAR | 14.86 | 9.50% |
| 4 |  Saudi Basic Industries Corp.2010 | 55.75 SAR | +0.81% | 167.25B SAR | — | 5.37% |
| 5 |  ACWA POWER Co.2082 | 200.00 SAR | +0.25% | 153.22B SAR | 80.97 | — |
| 6 |  Dr. Sulaiman Al Habib Medical S4013 | 216.20 SAR | +1.69% | 75.67B SAR | 31.52 | 1.85% |
| 7 |  SABIC Agri-Nutrients Co.2020 | 126.60 SAR | -0.47% | 60.27B SAR | 13.94 | 550.00% |
| 8 |  Elm Company7203 | 704.00 SAR | +0.43% | 55.16B SAR | 26.21 | 1.27% |
| 9 |  Kingdom Holding Co.4280 | 13.50 SAR | -6.38% | 50.03B SAR | 23.28 | 2.07% |
| 10 |  Etihad Etisalat Co.7020 | 63.30 SAR | +0.56% | 48.58B SAR | 14.04 | 4.40% |
| 11 |  Almarai Co.2280 | 46.20 SAR | +0.96% | 45.92B SAR | 18.63 | 2.49% |
| 12 |  Arabian Internet and Communications Services Company7202 | 215.20 SAR | +0.80% | 27.25B SAR | 17.05 | 3.50% |
| 13 |  Saudi Aramco Base Oil Company - Luberef2223 | 123.00 SAR | -5.38% | 21.62B SAR | 24.21 | 5.40% |
| 14 |  Jarir Marketing Co.4190 | 16.05 SAR | -1.89% | 19.26B SAR | 18.45 | 513.00% |
| 15 |  Electrical Industries Co.1303 | 15.93 SAR | +0.95% | 17.56B SAR | 27.95 | 158.00% |
| 16 |  Riyadh Cables Group Co.4142 | 123.00 SAR | +2.50% | 17.28B SAR | 16.76 | 1.63% |
| 17 |  Makkah Construction & Development Co.4100 | 87.90 SAR | +0.46% | 17.18B SAR | 37.09 | 1.67% |
| 18 |  Yanbu National Petrochemical Co2290 | 30.10 SAR | -3.22% | 16.93B SAR | 215.00 | 643.00% |
| 19 |  Americana Restaurants International PLC6015 | 1.95 SAR | +1.04% | 16.21B SAR | 19.50 | 475.00% |
| 20 |  SAL Saudi Logistics Services Company4263 | 176.00 SAR | +1.91% | 13.66B SAR | 20.07 | 3.44% |
| 21 |  Mouwasat Medical Services Co.4002 | 65.95 SAR | +2.01% | 13.19B SAR | 16.05 | 6.24% |
| 22 |  Nahdi Medical Company4164 | 95.50 SAR | +1.38% | 12.25B SAR | 14.95 | 637.00% |
| 23 |  Aldrees Petroleum & Transport Services Co.4200 | 117.60 SAR | +0.17% | 11.74B SAR | 27.22 | 170.00% |
| 24 |  Jamjoom Pharmaceuticals Factory Co.4015 | 160.50 SAR | +1.65% | 11.05B SAR | 19.94 | 253.00% |
| 25 |  Astra Industrial Group1212 | 132.40 SAR | +1.46% | 11.02B SAR | 15.88 | 2.54% |
| 26 |  Taiba Investment Company4090 | 20.48 SAR | +0.34% | 9.83B SAR | 14.63 | 1.90% |
| 27 |  Saudi Industrial Investment Group2250 | 14.55 SAR | +1.18% | 9.77B SAR | 72.75 | 7128.00% |
| 28 |  Savola Group2050 | 29.00 SAR | -2.68% | 8.60B SAR | 9.90 | 0.05% |
| 29 |  MBC Group Company4072 | 24.22 SAR | +1.30% | 8.21B SAR | 21.06 | — |
| 30 |  Dr. Soliman Abdul Kader Fakeeh Hospital Co.4017 | 36.66 SAR | +0.33% | 8.01B SAR | 31.88 | — |
| 31 |  Saudi Chemical Co.2230 | 8.56 SAR | +0.71% | 7.13B SAR | 21.40 | 1.18% |
| 32 |  Saudia Dairy & Foodstuff Co.2270 | 223.00 SAR | +0.45% | 7.08B SAR | 14.95 | 7.23% |
| 33 |  East Pipes Integrated Company for Industry1321 | 216.00 SAR | -1.14% | 6.88B SAR | 11.87 | 275.00% |
| 34 |  Al Masane Al Kobra Mining Co.1322 | 74.50 SAR | +1.15% | 6.61B SAR | 23.50 | 3.40% |
| 35 |  Retal Urban Development Company4322 | 12.02 SAR | +1.26% | 6.07B SAR | 20.37 | 1.81% |
| 36 |  Saudi Research and Media Group4210 | 82.70 SAR | +1.66% | 6.06B SAR | — | — |
| 37 |  CATRION Catering Holding Company6004 | 77.05 SAR | -1.22% | 5.99B SAR | 20.17 | 3.00% |
| 38 |  Saudi Ground Services Co.4031 | 31.48 SAR | +0.83% | 5.87B SAR | 14.64 | 641.00% |
| 39 |  National Gas & Industrialization Co.2080 | 77.40 SAR | -0.32% | 5.82B SAR | 23.31 | 2.99% |
| 40 |  National Co. for Learning & Education4291 | 134.20 SAR | +1.74% | 5.67B SAR | 17.54 | 190.00% |
| 41 |  Al Moammar Information Systems Company7200 | 195.00 SAR | +3.17% | 5.67B SAR | 60.94 | 339.00% |
| 42 |  BinDawood Holding Company4161 | 4.95 SAR | +1.43% | 5.63B SAR | 20.63 | 1.62% |
| 43 |  Derayah Financial Company4084 | 22.54 SAR | +0.94% | 5.46B SAR | 13.74 | 591.00% |
| 44 |  Abdullah Al Othaim Markets Co.4001 | 5.93 SAR | +0.51% | 5.34B SAR | 21.18 | 610.00% |
| 45 |  Almoosa Health Co.4018 | 118.60 SAR | +1.28% | 5.29B SAR | 22.13 | — |
| 46 |  National Agricultural Development Co.6010 | 16.26 SAR | -0.49% | 5.07B SAR | 12.41 | — |
| 47 |  Qassim Cement Co.3040 | 43.92 SAR | -0.27% | 4.82B SAR | 18.53 | 7.20% |
| 48 |  Saudi Cement Co.3030 | 31.24 SAR | +0.39% | 4.78B SAR | 13.13 | 8.02% |
| 49 |  National Medical Care Co.4005 | 104.00 SAR | +2.97% | 4.39B SAR | 14.59 | 3.05% |
| 50 |  Arriyadh Development Co.4150 | 18.44 SAR | +0.66% | 4.30B SAR | 14.18 | 2.68% |
This list covers Saudi stocks deemed Sharia-compliant by a **rules-based screen** using a common methodology (similar to AAOIFI and S&P Shariah indices). Each stock passes two layers: (1) an **activity screen** — excluding non-compliant core businesses such as interest-based finance, conventional insurance, tobacco, and gambling; (2) a **financial screen** — interest-bearing debt ≤ 30% of market cap and cash/interest assets ≤ 30% (the most conservative threshold).
The list ranks compliant stocks by market cap using the latest available data and refreshes automatically.
**Important:** this is an **informational rules-based estimate, not a fatwa.** Some finer screens (e.g. non-compliant income < 5%) are omitted for lack of data, and the result may differ from certified Sharia boards. For an authoritative ruling consult a specialist such as **Yaqeen (yaaqen.com)** or your broker's Sharia board.
Frequently asked questions
How is compliance determined here?
By a two-layer rules-based screen: excluding non-compliant activities (interest finance, insurance, tobacco, gambling…), then requiring interest-bearing debt and interest-bearing cash each ≤ 30% of market cap (conservative AAOIFI methodology).
Is this a certified fatwa?
No. It's an informational rules-based estimate to help with initial filtering, and may differ from Sharia boards. For an authoritative ruling consult a specialist such as Yaqeen or your broker's Sharia board.
Why might it differ from other sites?
Different thresholds (30% vs 33%), divisor (market cap vs assets), and the availability of finer data such as the non-compliant-income ratio, which we don't apply yet.
How often is the list updated?
The screen is recomputed automatically every few hours from the latest available financial data.