Italtile Ltd ITE.JO

Last Updated: May 23, 12:00 AM·JSE

ITE.JO Shariah Compliance

Screening Methodology: AAOIFI

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Italtile Ltd

Italtile Ltd. Stock Analysis ITE.JO

South Africa Consumer Discretionary Large Cap
Italtile Ltd. engages in the provision of retail tiles, bathroom ware and related products. The company is headquartered in Bryanston, Gauteng and currently employs 2,297 full-time employees. The firm operates through five segments: Retail, Franchising, Properties, Supply and Support Services and Manufacturing. Its retail brands are CTM, Italtile Retail, and TopT. The retail operations consist of a vertically integrated supply chain, which includes International Tap Distributors (an importer and distributor of brassware and accessories), and Cedar Point, (an importer of shower enclosures, laminated boards, cabinets, sanitaryware, decor and tiling tools). The firm's manufacturing operations consist of Ceramic Industries and Ezee Tile. The Supply and Support Services segment distribute tiles, shower enclosures, brassware, laminate and vinyl flooring, accessories, and tiling tools. The Franchising segment is a bearer of South African and non-South African trademarks. The firm has a total network of approximately 216 stores.
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Shariah Compliance Report

An extensive business and financial screening of the company which specifies why a stock is halal or haram!