brokerage

Sharia
Lists

Sharia Lists

To add the flexibility in your investments and trade in compliance with the provisions of Sharia, Albilad Capital provides you with two Shariah compliant stock lists, which are:

— Albilad Capital Shariah compliant stock list
— AAOIFI List (The Accounting and Auditing Organization for Islamic Financial Institutions)

The difference between the AAOIFI list
and Albilad Capital Shariah compliant list

AAOIFI List

— Non-Islamic finance should not exceed 30% of market-cap.
— Non-Islamic deposits should not exceed 30% of market-cap.
— Non-Islamic revenue should not exceed 5% of total revenue

Albilad Capital Sharia compliant lists

— Non-Islamic finance should not exceed 30% of total assets.
— Cost of prohibited finance should not exceed 5% of total expenses.
— Non-Islamic Investments should not exceed 30% of total assets.
— Non-Islamic income should not exceed 5% of total income.
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