Is Mama's Creations, Inc. (MAMA) Halal?

NASDAQ Consumer Defensive United States $615M
✓ HALAL
Confidence: 95/100
Mama's Creations, Inc. (MAMA) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 1.5% against the AAOIFI threshold of 30%, Mama's Creations, Inc. comfortably passes the key financial ratio tests. The company operates in the Consumer Defensive sector (Packaged Foods), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from January 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 1.5%
/ 30%
1.1%
/ 30%
1.2%
/ 30%
0.18%
/ 5%
✓ HALAL
DJIM 1.5%
/ 33%
1.1%
/ 33%
1.2%
/ 33%
0.18%
/ 5%
✓ HALAL
MSCI 21.5%
/ 33%
15.2%
/ 33%
17.3%
/ 33%
0.18%
/ 5%
✓ HALAL
S&P 1.5%
/ 33%
1.1%
/ 33%
1.2%
/ 33%
0.18%
/ 5%
✓ HALAL
FTSE 21.5%
/ 33%
15.2%
/ 33%
17.3%
/ 50%
0.18%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
126.1
Forward: 50.4
EPS
$0.12
P/B Ratio
12.4
EV/EBITDA
53.6
EV: $613M
Revenue
$123M
Growth: 50.0%
Beta
0.7
Low volatility
Current Ratio
1.9

Profitability

Gross Margin 25.2%
Operating Margin 3.9%
Net Margin 3.1%
Return on Equity (ROE) 12.8%
Return on Assets (ROA) 6.9%

Cash Flow & Balance Sheet

Operating Cash Flow$5M
Free Cash Flow$82,000
Total Debt$10M
Debt-to-Equity32.2
Current Ratio1.9
Total Assets$47M

Price & Trading

Last Close$14.87
50-Day MA$15.57
200-Day MA$11.58
Avg Volume436K
Beta0.7
52-Week Range
$6.07
$17.85

About Mama's Creations, Inc. (MAMA)

CEO
Mr. Adam L. Michaels
Employees
305
Sector
Consumer Defensive
Industry
Packaged Foods
Country
United States
Exchange
NASDAQ
Market Cap
$615M
Currency
USD

Mama's Creations, Inc., together with its subsidiaries, manufactures and markets fresh deli-prepared foods in the United States. The company offers beef and turkey meatballs, meat loaf, chicken, sausage-related products, and pasta and rice entrees; olive products; and hot bars, salad bars, prepared foods, sandwich, and cold deli and foods-to-go sections. It sells its products directly to supermarkets, club chains, mass-market retailers; and food retailer and distributors, as well as through website. The company was formerly known as MamaMancini's Holdings, Inc. and changed its name to Mama's Creations, Inc. in August 2023. Mama's Creations, Inc. was incorporated in 2009 and is based in East Rutherford, New Jersey.

Purification Calculator

As a halal stock with 0.18% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Mama's Creations, Inc. (MAMA) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Mama's Creations, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Mama's Creations, Inc.'s debt ratio?

Mama's Creations, Inc.'s debt ratio is 1.5% 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 21.5%.

Does Mama's Creations, Inc. require dividend purification?

Yes, Mama's Creations, Inc. has an impermissible income ratio of 0.18%, which means 0.18% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are Mama's Creations, Inc.'s key financial metrics?

Mama's Creations, Inc. has a market capitalization of $615M, trailing P/E ratio of 126.1, and revenue of $123M. The company maintains a gross margin of 25.2% and a net margin of 3.1%. Return on equity stands at 12.8%.

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.