Is Saint-Gobain (SGO.PA) stock halal?
Permitted
Debt and investments below 30% of total assets, impermissible income below 5%: admitted, with purification. The strict view excludes it.
This verdict follows the median view, that of AAOIFI Standard No. 21. It is based on the financial statements for the fiscal year ended 12/31/2025.
The ratios
| Criterion | Measure | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 21.1% of total assets | 30% | within threshold |
| Interest-bearing investments | 12.7% of total assets | 30% | within threshold |
| Impermissible income | 0.4% of revenue | 5% | within threshold |
Standard: Total assets, 30% threshold.
The three views
- Median view, our reference : the company is admitted, provided the gains are purified.
- Strictest view : the company is excluded, because it borrows or invests at interest.
- Most lenient view : the company is admitted (Total assets, one-third threshold).
Business activity
Matériaux de construction
Financial statements read
Fiscal year ended 12/31/2025, in millions of euros. Source: Annual report of Saint-Gobain (ESEF format), fiscal year ended 2025-12-31.
What could not be verified
- Market capitalization: missing from the filed financial statements, so the AAOIFI ratio is not computed; tolerance is assessed on total assets.
- Activité classée par Halal Bourse d'après l'activité connue de la société, sans lecture du rapport annuel.
- Figures read automatically and not reviewed by a human.
General information: neither investment advice nor a fatwa. Verdict calculated by published rules, from financial statements read automatically and not reviewed by a human. Read the methodology