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MGCI – Majan Glass Company SAOG

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Not Compliant

—X—

Industry: Non-Paper Containers & Packaging | Oman

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

Market cap: 18 MRev. Growth: 104.43%

AAOIFI ✗

Debt/MC70.27%
Non-Compliant Assets/MC%

S&P ✗

Debt/36 mo MC64.57%
Cash/36 mo MC0.35%
AR/36 mo MC%

DJIM ✗

Debt/24 mo MC65.12%
Cash/24 mo MC0.36%
AR/24 mo MC%

FTSE ✗

Debt/Assets39.89%
Cash/Assets0.22%
Cash&AR/Assets0.22%

MSCI ✗

Debt/Assets39.89%
Cash/Assets0.22%
Cash&AR/Assets0.22%

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

Total Analysts: 0


Majan Glass Company SAOG is an Oman-based company that specializes in the manufacturing and sale of empty glass containers for commercial and industrial uses. The Company produces glass containers for soft drinks, juice, food and beverages industry. The Company’s plant has production capacity of 220 metric tons of empty glass containers per day with two furnaces and equipments designed to produce glass containers in 88 millimeters (ml) to 1000 ml range in different sizes and in flint and colored glass. The Company exports its products to various countries in all over Gulf Cooperation Council (GCC) and Far East regions.

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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