Register an account to search through 14,000+ stocks! 

Ad

AFAI – Al Fajar Al Alamia Company SAOG

Ad

Not Compliant

—X—

Industry: Commodity Chemicals | Oman

Al Fajar Al Alamia Company SAOG is not compliant with Shariah. The company’s financials fail all the five standards we check against.

Market cap: 89 MRev. Growth: 83.02%

AAOIFI ✗

Debt/MC71.34%
Non-Compliant Assets/MC%

S&P ✗

Debt/36 mo MC68.53%
Cash/36 mo MC1.49%
AR/36 mo MC38.2%

DJIM ✗

Debt/24 mo MC70%
Cash/24 mo MC1.52%
AR/24 mo MC39.02%

FTSE ✗

Debt/Assets41.67%
Cash/Assets0.91%
Cash&AR/Assets24.14%

MSCI ✗

Debt/Assets41.67%
Cash/Assets0.91%
Cash&AR/Assets24.14%

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

Total Analysts: 0


Al Fajar Al Alamia Company SAOG is an Oman-based company, which is engaged in the manufacture of industrial explosives and trading in explosives accessories. The Company’s principal activities is the manufacture, packaging and storage of ammonium nitrate/fuel oil ( ANFO ) and Emulsion explosives; the import and storage of initiating systems and drilling accessories and when necessary, of ANFO and Emulsion explosives, as well as the delivery and sale, within Oman and for export, of all products manufactured or imported by the Company. The Company’s explosive products are used in quarrying, mining, trenching for pipelines, road cuts and harbor/breakwater development. Its customers are mainly drilling and blasting companies and civil engineering contractors and quarry operators.

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.

Ad

Responses