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OFMI – Oman Flour Mills Company SAOG

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Not Compliant

—X—

Industry: Food Processing | Oman

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

Market cap: 275 MRev. Growth: 96.63%

AAOIFI ✗

Debt/MC46.57%
Non-Compliant Assets/MC1.44%
Impure Income (incl. Interest)0.29%
Impure Income%
Interest Income0.29%
Total0.29%

S&P ✗

Debt/36 mo MC44.47%
Cash/36 mo MC14.06%
AR/36 mo MC17.24%

DJIM ✗

Debt/24 mo MC42.07%
Cash/24 mo MC13.3%
AR/24 mo MC16.3%

FTSE ✗

Debt/Assets35.23%
Cash/Assets11.13%
Cash&AR/Assets24.78%
Impure Income (incl. Interest)0.29%
Impure Income%
Interest Income0.29%
Total0.29%

MSCI ✗

Debt/Assets35.23%
Cash/Assets11.13%
Cash&AR/Assets24.78%

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

Total Analysts: 0


Oman Flour Mills Company SAOG (OFM) is an Oman-based company, which is engaged in the milling and food processing business. The primary activities of the Company are milling of wheat and other cereals, sale of flour, and the processing and sale of animal feed. It manufactures and markets two principal product lines, flour products that are marketed under the Dahabi brand name, and feed products that are marketed under the Barakat brand name. OFM operates through its subsidiaries Modern Poultry Farms Company SAOC, which is engaged in the production and sale of eggs and related by-products (spent hens and poultry manure), Atyab Bakery LLC, which is engaged in the sale and distribution of franchise frozen bakery products and Atyab Investment LLC, which is engaged in investments in the food sector and related industries. The Company distributes its products to the Arabian Gulf markets, as well as exports them to Africa, the Commonwealth of Independent States and the Far East market.

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

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