Screened stocks: where the standards disagree
Saudi investors search for screened stocks by the scholar's name — Al-Shubaily or Al-Osaimi — because the lists genuinely differ. This page puts the published standards side by side instead of presenting one list as consensus.
Why they differ: each standard sets its own ceilings for debt, cash and impermissible revenue, and its own line for what counts as an impermissible business. Different thresholds, different lists.
No rulings published yet
Calling a stock screened-clean is a religious ruling. Nothing appears here unless it is transcribed verbatim from that authority's own published list, with a dated source link. Until then these tables stay deliberately empty — which is more honest than filling them with an estimate.
- What is the difference between screened-clean and mixed stocks?
- A screened-clean company has neither an impermissible business nor balance-sheet ratios beyond the standard's limits. A mixed company falls within limits some standards allow, on condition that a portion of the return is purified. The limits themselves differ between standards, which is why the lists differ.
- Why does Al-Shubaily's list differ from Al-Osaimi's?
- Each standard sets its own ceilings for debt, cash and impermissible revenue relative to market capitalisation or assets. A different ceiling moves a stock off one list and onto another.
- Do you issue your own ruling?
- No. We transcribe each authority from its own published source and place the lists side by side. We issue no ruling of our own and never infer a verdict for a stock its author did not list.