Is SPIMACO (4006) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 228.4% / 30% | 6.5% / 30% | 1.4% / 30% | 0.0% / 5% | ✗ NOT HALAL |
| DJIM | 228.4% / 33% | 6.5% / 33% | 1.4% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| MSCI | 53.5% / 33% | 1.5% / 33% | 0.3% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| S&P | 228.4% / 33% | 6.5% / 33% | 1.4% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| FTSE | 53.5% / 33% | 1.5% / 33% | 0.3% / 50% | 0.0% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 32.6% | |
| Operating Margin | 6.1% | |
| Net Margin | 1.4% | |
| Return on Equity (ROE) | 3.6% | |
| Return on Assets (ROA) | 3.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $137M |
| Free Cash Flow | $11M |
| Total Debt | $1.3B |
| Debt-to-Equity | 196.9 |
| Current Ratio | 1.1 |
| Total Assets | $2.4B |
Price & Trading
| Last Close | SAR 12.98 |
| 50-Day MA | SAR 13.35 |
| 200-Day MA | SAR 15.35 |
| Avg Volume | 50K |
| Beta | 0.4 |
|
52-Week Range
SAR 11.82
| |
About SPIMACO (4006)
Saudi Marketing Company engages in the retail, trading, and importing business in the Kingdom of Saudi Arabia. It operates through three segments: Retail, Household, and Entertainment Service. The company is involved in wholesale and retail of food, household utensils, toys, fabrics, and clothing and stationery products. It also provides marketing services; operates and manages bakeries, restaurants, and cafes; and establishes, operates, and maintains entertainment centers. The company operates under the Farm Superstores name. Saudi Marketing Company was founded in 1978 and is based in Dammam, Saudi Arabia.
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Frequently Asked Questions
Is SPIMACO (4006) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SPIMACO 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 SPIMACO's debt ratio?
SPIMACO's debt ratio is 228.4% 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 53.5%.
What are SPIMACO's key financial metrics?
SPIMACO has a market capitalization of $583M, trailing P/E ratio of 22.7, and revenue of $1.8B. The company maintains a gross margin of 32.6% and a net margin of 1.4%. Return on equity stands at 3.6%.
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.