Company Details
AFRIC INDUSTRIES SA
AFI
Sector
Construction & Building Materials
Ticker
AFI
Business Overview
AFRIC INDUSTRIES SA is listed on the Casablanca Stock Exchange and operates in the Construction & Building Materials sector.
Sharia Screening - AAOIFI Standard
Source
AAOIFI
Comment
AAOIFI status: Sharia-compliant. The company passes the activity screen because industrial and construction-related activity is generally permissible, and its financial ratios remain within AAOIFI thresholds. Debt: 0.2% / 30.0%, interest-bearing deposits/cash: 1.8% / 30.0%, non-compliant revenue: 0.0% / 5.0%.
| Filter | Limit | Value | Status |
|---|---|---|---|
| Activity | Sharia-compliant only | Sharia-compliant | Pass |
| Debt | <= 30% | 0.2% | Pass |
| Cash | <= 30% | 1.8% | Pass |
| Non-compliant revenue | <= 5% | 0.0% | Pass |
Methodology Disclaimer
This screening is based on AAOIFI Sharia standards using publicly available financial and business activity information. The screening is provided for informational purposes only and does not constitute investment advice.