Is Walaa Coop (6020) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 23.0% / 30% | 0.0% / 30% | 24.39% / 5% | ✗ NOT HALAL |
| DJIM | 0.0% / 33% | 23.0% / 33% | 0.0% / 33% | 24.39% / 5% | ✗ NOT HALAL |
| MSCI | 0.0% / 33% | 21.9% / 33% | 0.0% / 33% | 24.39% / 5% | ✗ NOT HALAL |
| S&P | 0.0% / 33% | 23.0% / 33% | 0.0% / 33% | 24.39% / 5% | ✗ NOT HALAL |
| FTSE | 0.0% / 33% | 21.9% / 33% | 0.0% / 50% | 24.39% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 84.6% | |
| Operating Margin | 0.9% | |
| Net Margin | 147.9% | |
| Return on Equity (ROE) | 4.7% | |
| Return on Assets (ROA) | -0.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$5M |
| Free Cash Flow | -$5M |
| Current Ratio | 1.6 |
| Total Assets | $408M |
Price & Trading
| Last Close | SAR 14.14 |
| 50-Day MA | SAR 14.69 |
| 200-Day MA | SAR 16.31 |
| Avg Volume | 55K |
| Beta | 0.6 |
|
52-Week Range
SAR 11.84
| |
About Walaa Coop (6020)
Al Gassim Investment Holding Company engages in the leasing of investment properties, plants, and equipment in the Kingdom of Saudi Arabia. The company invests in stocks and other securities, and general contracting and real estate, as well as in the industrial field; and the commercial, import and export, education, healthcare, transportation, and agricultural sectors. It owns, exploits, and leases industrial property rights such as patents, industrial trademarks, franchise rights, and other moral rights; establishes refrigeration and refrigerated transport units for the company and others; manages its subsidiaries; and engages in manufacture, packaging, and marketing of agricultural and food products. The company was formerly known as Qassim Agriculture Company and changed its name to Al Gassim Investment Holding Company in January 2017. Al Gassim Investment Holding Company was founded in 1984 and is based in Buraydah, the Kingdom of Saudi Arabia.
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Frequently Asked Questions
Is Walaa Coop (6020) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Walaa Coop 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 Walaa Coop's debt ratio?
Walaa Coop's debt ratio is 0.0% 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 0.0%.
What are Walaa Coop's key financial metrics?
Walaa Coop has a market capitalization of $416M, trailing P/E ratio of 29.5, and revenue of $10M. The company maintains a gross margin of 84.6% and a net margin of 147.9%. Return on equity stands at 4.7%.
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.