Misr National Steel
ATQA۞ Shariah Compliant

Misr National Steel

HALAL / COMPLIANT

Revenue RatioPASS
1.52%
Interest / Revenue < 5%
Debt (S&P)PASS
0.00%
Net Debt / Market Cap < 33%
Debt (AAOIFI)PASS
0.00%
Net Debt / Assets < 33%

Financial Breakdown

Detailed metrics • Currency: EGP

۞Income StatementQ2 '25 (Jun 2025)
Interest Income

Non-operating interest income

EGP 32.28M
Total Revenue

Total revenue from operations

EGP 2.12B
Revenue Ratio✓ PASS

Interest Income / Total Revenue (Threshold: < 5%)

1.52%
۞Balance SheetQ2 '25 (Jun 2025)
Net Debt

Total Debt − Cash (negative means more cash than debt)

EGP -68.18M
Market Cap

Total market capitalization (for S&P method)

EGP 12.08B
Debt Ratio (S&P)✓ PASS

Net Debt / Market Cap (Threshold: < 33%)

0.00%
Total Assets

Total company assets (for AAOIFI method)

EGP 4.82B
Debt Ratio (AAOIFI)✓ PASS

Net Debt / Total Assets (Threshold: < 33%)

0.00%
۞

Screening Methodology

This screening uses two standard methods to calculate debt ratio. A stock is compliant if it passes the revenue ratio AND at least one debt ratio method:

  • ۞Revenue Ratio: Interest Income / Total Revenue < 5%
  • ۞S&P Method: Net Debt / Market Cap < 33% (most common)
  • ۞AAOIFI Method: Net Debt / Total Assets < 33%

Note: Net Debt = Total Debt − Cash. If negative, the company has more cash than debt (compliant).

Always consult with a qualified Islamic finance scholar for investment decisions.

Instant Screening

Enter any EGX ticker and get instant Shariah compliance analysis based on real financial data.

AAOIFI Standards

Uses globally recognized Islamic finance standards for accurate compliance assessment.

Full Breakdown

See detailed financial metrics including revenue ratios, debt levels, and more.

Shariah Screening Criteria

۞Revenue Ratio
Interest Income / Total Revenue < 5%

Ensures the company doesn't derive significant income from interest-based activities.

۞Debt Ratio
Total Debt / Total Assets < 33%

Ensures the company isn't overly leveraged with interest-bearing debt.