Yes. As of October 2026, Armah Sports Company SJSC (6022.SR) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Armah Sports Company SJSC passes Musaffa's business and financial screening criteria.
Armah Sports Co. engages in the construction, operation, management, and maintenance of fitness clubs. The company is headquartered in Riyadh, Riyadh. The company went IPO on 2023-11-30. The firm is organized into two segments which include Male fitness centers, and Female fitness centers. The firm operates facilities, sport centers, and fitness clubs in different cities and locations. The firm is also engaged in retail sales of sports apparel, and providing food services in sport facilities, salons, and other sports activities. The firm provides two brands named B_Fit and Optimo for health clubs and physical fitness in the Middle East market. The firm provides its services on offer, which include, monthly memberships, products that transfer ownership to the customer immediately upon purchase, and personal training sessions.
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Armah Sports Company SJSC 6022.SR
SAR64.30 SAR0.40 (0.62%) 1D
Last Updated: Oct 07, 12:00 AM·TASI
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6022.SR Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Armah Sports Company SJSC is classified as halal.
HALAL
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FAQ's for Armah Sports Company SJSC (6022.SR)
As of October 2026, Armah Sports Company SJSC 6022.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 Armah Sports Company SJSC using these criteria to determine its compliance status.
Muslim investors may consider investing in Armah Sports 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 Armah Sports 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 Armah Sports 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 Armah Sports Company SJSC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.