Sasol Limited

SSL: Is Sasol Limited Halal?

Sasol Limited

NYSEBasic MaterialsZA

$10.15

-3.33%

Market Cap: 6.5B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Sasol Limited (SSL) halal? Not Halal. Based on AAOIFI screening, Sasol Limited passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

1655.6% of 30.0% limit

What this means for you

Most scholars advise not holding SSL

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Sasol Limited

Based in Johannesburg, South Africa, Sasol Limited functions as an integrated chemical and energy enterprise with a global footprint, organized into six primary segments: Mining, Gas, Fuels, and its Chemicals operations spanning Africa, America, and Eurasia. The company delivers a diverse range of chemical products, encompassing various monomers, ammonia, carbon compounds, chlor alkali, explosives, fertilizers, glycols, polymers, and waxes, in addition to specialty chemicals like lacquer thinners and phenolics. Its offerings also include industrial and household cleaning agents, degreasers, and a comprehensive suite of fuels such as bitumen, motor fuels, gas-to-liquid fuels, and other refined petroleum products like illuminating paraffin and synthetic kerosene. Beyond manufacturing, Sasol wholesales diesel and petrol, operates coal mines, provides engineering expertise, and actively invests in developing lower-carbon energy solutions. The company is also involved in the exploration, development, production, and distribution of natural gas through pipeline networks. Serving an extensive array of sectors, from automotive, agriculture, and aviation to healthcare, packaging, and textiles, Sasol was founded in 1950 and is headquartered in Johannesburg.

Sector: Basic Materials · Industry: Chemicals - Specialty

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Basic Materials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is Sasol Limited (SSL) halal to invest in?
Sasol Limited (SSL) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Sasol Limited get a F compliance rating?
Sasol Limited (SSL) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1655.6% (limit 30%); interest-bearing deposits of 640.2% (limit 30%); prohibited income of 1.17% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Sasol Limited's Shariah verdict?
Sasol Limited's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Sasol Limited re-screened for Shariah compliance?
Sasol Limited (SSL) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 18, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.