Forafric Global PLC AFRI
$11.15 $0.53 (4.99%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
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AFRI Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Forafric Global PLC is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Forafric Global PLC. Stock Analysis AFRI
United States Consumer Staples Micro Cap Forafric Global Plc operates as an agribusiness player in Africa with activities in Morocco and Sub Saharan Africa. The principal agricultural commodities that it handles are flour and semolina, and secondary processing products, such as pasta and couscous. Its segments include Soft Wheat, Durum Wheat, and Couscous and Pasta. The Soft Wheat segment includes the production and sale of soft wheat yielding flour that is used to make desserts and sauces. The Durum Wheat segment includes the production and sale of hard wheat yielding flour that is used to make pasta. The Couscous and Pasta segment includes the secondary processing of products, including couscous and pasta sold to end customers. The company sells processed commodity products to customers in over 45 countries in Europe, Asia, Africa, and the Middle East. The firm operates approximately 12 industrial units and two logistics platforms. Its brands include Tria and MayMouna.
Forafric Global PLC (AFRI) Chart
Financial Metrics & Statements of Forafric Global PLC (AFRI)
FAQ's for Forafric Global PLC (AFRI)
- As of August 2026, Forafric Global PLC AFRI is classified as not 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 Forafric Global PLC using these criteria to determine its compliance status.
- Muslim investors may consider investing in Forafric Global PLC 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 Forafric Global PLC 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 Forafric Global PLC 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 Forafric Global PLC 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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