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4250 – Jabal Omar Development Company SJSC

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Not Compliant

—X—

Industry: Real Estate Rental, Development & Operations | Saudi

Jabal Omar Development Company SJSC is not compliant with Shariah. The company’s financials fail all the five standards we check against.

Market cap: 6,430 MRev. Growth: 56.96%

AAOIFI ✗

Debt/MC43.91%
Non-Compliant Assets/MC0.1%

S&P ✗

Debt/36 mo MC40%
Cash/36 mo MC1.24%
AR/36 mo MC0.65%

DJIM ✗

Debt/24 mo MC38.88%
Cash/24 mo MC1.2%
AR/24 mo MC0.63%

FTSE ✗

Debt/Assets39.51%
Cash/Assets1.22%
Cash&AR/Assets1.87%

MSCI ✗

Debt/Assets39.51%
Cash/Assets1.22%
Cash&AR/Assets1.87%

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0


Jabal Omar Development Co SJSC is a Saudi Arabia-based real estate development company. The Company’s main activity is to own Jabal Omar area adjacent to the western side of the Holy Mosque Square and develop it into plots of land to manage, invest, sell and lease them for the Company’s interest. In addition the Company is carrying out operations necessary for construction, maintenance, management, demolishing, surveying, and furnishing hotels, commercial facilities and staff residences, as well as importing and exporting hotels’ equipment and furniture and operating the hotels. The Company operates under the following segments: Hotels, which includes leasing rooms and selling food and beverages; Commercial Centers, which includes operating and leasing commercial shopping malls, as well as Property Development, which includes construction and development of property and sale of completed dwellings.

We do our best to screen stocks as accurately as possible. Please let us know in the comments if you spot an error or find something questionable. Jazaak Allahu khairan.

To understand how the screening is done, please read the Shariah Screening Methodology page.

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