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ALBH – Aluminium Bahrain BSC

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Not Compliant

—X—

Industry: Aluminum | Bahrain

Aluminium Bahrain BSC is not compliant with Shariah. The company’s financials fail all the five standards we check against.

Market cap: 4,709 MRev. Growth: 67.04%

AAOIFI ✗

Debt/MC52.55%
Non-Compliant Assets/MC%

S&P ✗

Debt/36 mo MC113.71%
Cash/36 mo MC11.38%
AR/36 mo MC37.49%

DJIM ✗

Debt/24 mo MC99.03%
Cash/24 mo MC9.91%
AR/24 mo MC32.65%

FTSE ✗

Debt/Assets35.54%
Cash/Assets3.56%
Cash&AR/Assets15.28%

MSCI ✗

Debt/Assets35.54%
Cash/Assets3.56%
Cash&AR/Assets15.28%

Recommendation Rating

1.6

1

2

3

4

5

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

Analysts’ Price Targets

Mean 4.16

Low: 2.71

High: 5.04

Total Analysts: 5


Aluminium Bahrain BSC (Alba) is a Bahrain-based company engaged in manufacturing aluminum and aluminum related products. The Company produces more than 890,000 metric tons annually and exports its production to regional and international customers in the Middle East, Europe, Far East, South East Asia, Africa and North America. Alba’s products include standard and T-ingot, extrusion billets, rolling slab, propertzi ingots, and molten aluminum. Alba plant comprises five reduction lines, three cast houses, a dedicated carbon plant, a 550,000 metric tons per annum (mtpa) coke calcining plant, a water desalination plant, 11 fume treatment plants, a marine terminal, and a 2.225 megawatt (MW) power plant, consisting of four power stations. Its main shareholder is Bahrain Mumtalakat Holding Company (69.38%).

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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