Is Farmmi, Inc. (FAMI) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 113.9% / 30% | 4.4% / 30% | 241.8% / 30% | 0.04% / 5% | ✗ NOT HALAL |
| DJIM | 113.9% / 33% | 4.4% / 33% | 241.8% / 33% | 0.04% / 5% | ✗ NOT HALAL |
| MSCI | 14.1% / 33% | 0.5% / 33% | 30.0% / 33% | 0.04% / 5% | ✓ HALAL |
| S&P | 113.9% / 33% | 4.4% / 33% | 241.8% / 33% | 0.04% / 5% | ✗ NOT HALAL |
| FTSE | 14.1% / 33% | 0.5% / 33% | 30.0% / 50% | 0.04% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 2.9% | |
| Operating Margin | -393.8% | |
| Net Margin | -189.8% | |
| Return on Equity (ROE) | -36.3% | |
| Return on Assets (ROA) | -17.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $52M |
| Free Cash Flow | $52M |
| Total Debt | $21M |
| Debt-to-Equity | 16.8 |
| Current Ratio | 9.4 |
| Total Assets | $147M |
Price & Trading
| Last Close | $1.28 |
| 50-Day MA | $1.32 |
| 200-Day MA | $1.59 |
| Avg Volume | 298K |
| Beta | 1.7 |
|
52-Week Range
$1.11
| |
About Farmmi, Inc. (FAMI)
Farmmi, Inc., through its subsidiaries, engages in processing and sale of agricultural products in China, the United States, Japan, Canada, Europe, Korea, and the Middle East. It provides Shiitake mushrooms, Mu Er mushrooms, and other edible fungi, such as bamboo fungi, agrocybe aegerila, pleurotus eryngii, grifola frondose, coprinus comatus, and hericium erinaceus, as well as dried edible fungi. The company also trades in cotton, corn, tapioca, cornstarch, and other agricultural products. In addition, it offers warehouse, logistics, and delivery services. The company offers its products under the Farmmi Liangpin, Forasen, Farmmi, and Puyangtang brands. It provides its products through local distributors to processing manufacturers, supermarkets, restaurants, cafeterias, and local specialty stores. The company was founded in 1994 and is headquartered in Lishui, China.
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Frequently Asked Questions
Is Farmmi, Inc. (FAMI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Farmmi, Inc. 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 Farmmi, Inc.'s debt ratio?
Farmmi, Inc.'s debt ratio is 113.9% 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 14.1%.
What are Farmmi, Inc.'s key financial metrics?
Farmmi, Inc. has a market capitalization of $17M, and revenue of $28M. The company maintains a gross margin of 2.9% and a net margin of -189.8%. Return on equity stands at -36.3%.
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.