Is Balsm Alofoq Medical Company CJSC halal to invest in?

According to Musaffa's Shariah screening methodology, Balsm Alofoq Medical Company CJSC (9620.SR) is currently classified as HALAL as of October 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Balsm Alofoq Medical Company CJSC a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Balsm Alofoq Medical Company CJSC using these criteria to determine its compliance status.

Can Muslims buy shares of Balsm Alofoq Medical Company CJSC?

Muslim investors may consider investing in Balsm Alofoq Medical Company CJSC if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Balsm Alofoq Medical Company CJSC classified as HALAL?

Musaffa determines the Shariah status of Balsm Alofoq Medical Company CJSC by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Balsm Alofoq Medical Company CJSC updated?

The Shariah compliance status of Balsm Alofoq Medical Company CJSC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Balsm Alofoq Medical Company CJSC become non-compliant?

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.

Where can I check the Shariah status of Balsm Alofoq Medical Company CJSC?

You can check the latest Shariah compliance status of Balsm Alofoq Medical Company CJSC on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Balsm Alofoq Medical Company CJSC 9620.SR

SAR23.00

Last Updated: May 12, 12:00 AM·TASI

9620.SR Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: October 31, 2025

Report Source: 2025 2nd Quarter Report

Balsm Alofoq Medical Company CJSC. Stock Analysis 9620.SR

Saudi Arabia Health Care Nano Cap Report: Q2, 2025

Balsm Alofoq Medical Co. engages in the provision of healthcare supplies and services. The company is headquartered in Riyadh, Riyadh. The company went IPO on 2024-12-16. The firm is engaged in the operation of hospitals, specialized medical complexes, general medical complexes, medical clinics, medical operation of medical complexes, day surgery centers, medical laboratories, wholesale of medical devices, equipment, and supplies, retail of medical devices, equipment, and supplies, medical equipment and product warehouses, social welfare institutions, identification and distribution of social assistance, daycare for people with special needs, adoption services, and counselling for families and individuals.

Key Statistics of Balsm Alofoq Medical Company CJSC (9620.SR)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

SAR23.00SAR23.00

Today's Open

SAR23.00

Volume

237.00

P/E Ratio (TTM)

12.03

52 Week Range

SAR22.00SAR80.00

Market Cap

57.00M

Avg. Volume

1215.50

Dividend Yield

Financial Metrics & Statements of Balsm Alofoq Medical Company CJSC (9620.SR)

FAQ's for Balsm Alofoq Medical Company CJSC (9620.SR)

According to Musaffa’s Shariah screening methodology, Balsm Alofoq Medical Company CJSC (9620.SR) is currently classified as HALAL as of October 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.