Is Natural Gas Distribution Company CJSC halal to invest in?

According to Musaffa's Shariah screening methodology, Natural Gas Distribution Company CJSC (9516.SR) is currently classified as HALAL as of September 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets 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

SAR31.40 SAR1.40 (4.67%) 1D

Last Updated: Apr 09, 12:00 AM·TASI

9516.SR Shariah Compliance

Screening Methodology: AAOIFI

UNLOCK FOR FREE

Last Updated: September 04, 2025

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

SAR30.00SAR32.20

Today's Open

SAR30.00

Volume

1643.00

P/E Ratio (TTM)

38.47

52 Week Range

SAR21.10SAR54.00

Market Cap

125.00M

Avg. Volume

1083.00

Dividend Yield

1.72%

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

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

According to Musaffa’s Shariah screening methodology, Natural Gas Distribution Company CJSC (9516.SR) is currently classified as HALAL as of September 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Related Halal Stocks to Natural Gas Distribution Company CJSC (9516.SR)

Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.

Name	Price	1D Change	Market Cap	Rating
Power and Water Utility Company for Jubail and Yanbu SJSC 2083.SR	SAR31.46	0.51%	SAR7.58B	Unlock
National Gas and Industrialization Company SJSC 2080.SR	SAR87.95	1.68%	SAR6.41B	Unlock
Alkhorayef Water and Power Technologies Company SCJSC 2081.SR	SAR115.10	1.54%	SAR4.00B	Unlock