Not Compliant
—X—
Industry: Food Processing | Oman
ASaffa Foods SAOG is not compliant with Shariah. The company’s financials fail all the five standards we check against.
| Market cap: 48 M | Rev. Growth: 78.57% |
AAOIFI ✗
| Debt/MC | 268.1% | ✗ |
| Non-Compliant Assets/MC | 11.11% | ✓ |
| Impure Income (incl. Interest) | 0.2% | ✓ |
| Impure Income | % |
| Interest Income | 0.2% |
| Total | 0.2% |
S&P ✗
| Debt/36 mo MC | 85.23% | ✗ |
| Cash/36 mo MC | -5.57% | ✓ |
| AR/36 mo MC | % |
DJIM ✗
| Debt/24 mo MC | 97.17% | ✗ |
| Cash/24 mo MC | -6.34% | ✓ |
| AR/24 mo MC | % |
FTSE ✗
| Debt/Assets | 50.23% | ✗ |
| Cash/Assets | -3.28% | ✓ |
| Cash&AR/Assets | -3.28% | ✓ |
| Impure Income (incl. Interest) | 0.2% | ✓ |
| Impure Income | % |
| Interest Income | 0.2% |
| Total | 0.2% |
MSCI ✗
| Debt/Assets | 50.23% | ✗ |
| Cash/Assets | -3.28% | ✓ |
| Cash&AR/Assets | -3.28% | ✓ |
1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
Total Analysts: 0
A Saffa Foods SAOG is an Oman-based company engaged in the manufacture and distribution of poultry meat. The Company’s products include chilled fresh and frozen chicken, chicken thighs, chicken breast, drumstick, wings, liver, heart and gizzard. ASaffa Foods SAOG’s farms comprise a complex of parent bird farms, hatchery, broiler bird farms, slaughter houses, processing plant, rendering plant, power station, laboratory, cold storage and effluent treatment system. Its chickens are produced at the processing plant and slaughtering is done by hand (Halal) according to the Islamic Sharia. It exports frozen chicken to countries like United Arab Emirates, Qatar, Bahrain, Kuwait, Saudi Arabia, Yemen, Iraq, Lebanon, Egypt, Vietnam, China and Pakistan. The Company’s wholly owned subsidiary, A Saffa Meat Processing LLC, which focuses on the production and distribution of meat and fish products.
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