Is Chemanol (2001) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 149.8% / 30% | 32.6% / 30% | 36.4% / 30% | 1.56% / 5% | ✗ NOT HALAL |
| DJIM | 149.8% / 33% | 32.6% / 33% | 36.4% / 33% | 1.56% / 5% | ✗ NOT HALAL |
| MSCI | 37.1% / 33% | 8.1% / 33% | 9.0% / 33% | 1.56% / 5% | ✗ NOT HALAL |
| S&P | 149.8% / 33% | 32.6% / 33% | 36.4% / 33% | 1.56% / 5% | ✗ NOT HALAL |
| FTSE | 37.1% / 33% | 8.1% / 33% | 9.0% / 50% | 1.56% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 6.7% | |
| Operating Margin | -19.5% | |
| Net Margin | -107.4% | |
| Return on Equity (ROE) | -137.2% | |
| Return on Assets (ROA) | -9.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$37M |
| Free Cash Flow | -$74M |
| Total Debt | $667M |
| Debt-to-Equity | 321.9 |
| Current Ratio | 0.5 |
| Total Assets | $1.8B |
Price & Trading
| Last Close | SAR 8.18 |
| 50-Day MA | SAR 7.27 |
| 200-Day MA | SAR 9.61 |
| Avg Volume | 402K |
| Beta | 0.0 |
|
52-Week Range
SAR 5.88
| |
About Chemanol (2001)
Methanol Chemicals Company engages in the production and sale of formaldehyde liquid and urea formaldehyde liquid in the Saudi Arabia and internationally. It offers aqueous formaldehyde solution, urea formaldehyde concentrate, hexamethylene tetramine, paraformaldehyde, urea formaldehyde powder resin, melamine formaldehyde powder resin, melamine urea formaldehyde resin, sulphonated naphthalene formaldehyde, hexane methylene tetramine, phenol formaldehyde resins, and liquid and powder formaldehyde resins. The company also provides dimethylamine, trimethylamine, methanol, monomethylamine, dimethyl formamide, pentaerythritol, sodium formate, carbon monoxide, di-methylamine, concrete improvers, acetaldehyde, and penta aritheretol; and formaldehyde liquid and urea formaldehyde liquid and their mixtures, trimon-methylamine, and di-methyl Formamide. The company was formerly known as Saudi Formaldehyde Chemical Company Limited. Methanol Chemicals Company was incorporated in 1989 and is based in Jubail, the Kingdom of Saudi Arabia.
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Frequently Asked Questions
Is Chemanol (2001) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Chemanol is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Chemanol's debt ratio?
Chemanol's debt ratio is 149.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 37.1%.
What are Chemanol's key financial metrics?
Chemanol has a market capitalization of $557M, and revenue of $711M. The company maintains a gross margin of 6.7% and a net margin of -107.4%. Return on equity stands at -137.2%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.