Yes. As of October 2026, Nofoth Food Products Company SJSC (2288.SR) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Nofoth Food Products Company SJSC passes Musaffa's business and financial screening criteria.
Nofoth Food Products Co. engages in production of snack foods. The company is headquartered in Riyadh, Riyadh. The company went IPO on 2023-01-10. The firm also handles the road transport of goods, including refrigerated, frozen goods and main offices activities. The firm operates in a single segment, which is the manufacturing and sale of bakery products and related food services. The firm conducts its activities through its branches.
Nofoth Food Products Company SJSC 2288.SR
SAR6.00 SAR0.09 (1.52%) 1D
Last Updated: Oct 15, 12:00 AM·TASI
Pricing for SA stocks is delayed by 24 hours
2288.SR Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Nofoth Food Products Company SJSC is classified as halal.
HALAL
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FAQ's for Nofoth Food Products Company SJSC (2288.SR)
As of October 2026, Nofoth Food Products Company SJSC 2288.SR is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Nofoth Food Products Company SJSC using these criteria to determine its compliance status.
Muslim investors may consider investing in Nofoth Food Products Company SJSC if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Nofoth Food Products Company SJSC by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Nofoth Food Products Company SJSC may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Nofoth Food Products Company SJSC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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