Company Details
AGMA
AGM
Sector
Insurance
Ticker
AGM
Business Overview
AGMA is listed on the Casablanca Stock Exchange and operates in the Insurance sector.
Sharia Screening - AAOIFI Standard
Source
AAOIFI
Comment
AAOIFI status: Not Sharia-compliant. The company fails the activity screen because conventional insurance is non-compliant under AAOIFI due to gharar and riba exposure; only takaful would be acceptable. Financial ratios are not decisive when the core activity is non-compliant.
| Filter | Limit | Value | Status |
|---|---|---|---|
| Activity | Sharia-compliant only | Not Sharia-compliant | Fail |
| Debt | <= 30% | 0.0% | N/A |
| Cash | <= 30% | 0.0% | N/A |
| Non-compliant revenue | <= 5% | 0.0% | N/A |
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.