Horizon Educational Co SJSC 9603.SR
SAR86.90 SAR4.90 (5.98%) 1D
Last Updated: Sep 16, 12:00 AM·TASI
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Is Horizon Educational Co SJSC Stock Halal?
Shariah Compliance Analysis of 9603.SR Stock
Yes. As of September 2026, Horizon Educational Co SJSC (9603.SR) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Horizon Educational Co SJSC passes Musaffa's business and financial screening criteria.
Horizon Educational Co. engages in the provision of kindergarten, primary, and secondary education services. The company is headquartered in Riyadh, Riyadh. The company went IPO on 2024-06-02. The firm provides pre-school education, kindergartens, primary education, middle education, secondary education for male & female students, with an international curriculum. The company serves approximately 1920 students in grades Kindergarten (KG) to level 12 from across Jordan, Egypt and Saudi.
9603.SR Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Horizon Educational Co SJSC is classified as halal.
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Financial Metrics & Statements of Horizon Educational Co SJSC (9603.SR)
FAQ's for Horizon Educational Co SJSC (9603.SR)
- As of September 2026, Horizon Educational Co SJSC 9603.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 Horizon Educational Co SJSC using these criteria to determine its compliance status.
- Muslim investors may consider investing in Horizon Educational Co 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 Horizon Educational Co 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 Horizon Educational Co 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 Horizon Educational Co SJSC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Horizon Educational Co SJSC (9603.SR)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
