Mama's Creations, Inc. (MAMA) - Questionable
Mama's Creations, Inc. (MAMA) is classified as Questionable according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Result
- Doubtful
- Reason
- This company requires further review: the industry "Packaged Foods" has mixed revenue streams that require further analysis. The sector "Consumer Defensive" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 1.8% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 19.5% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.1% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.12%.Based on the company's financial statements, approximately 0.12% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.12% of total income). Some scholars may differ on the exact calculation method.
About Mama's Creations, Inc.
Mama's Creations, Inc., together with its subsidiaries, manufactures and markets fresh deli-prepared foods in the United States. The company offers chicken, beef and turkey meatballs, meat loaf, sausage-related products, and pasta and rice entrees; olives, olive mixes, and savory products; and hot bars, salad bars, prepared foods, sandwich, and cold deli and foods-to-go sections. It sells its products directly to supermarkets, club chains, mass-market retailers; and food retailer and distributors, as well as through website and social media channels. The company was formerly known as MamaMancini's Holdings, Inc. and changed its name to Mama's Creations, Inc. in August 2023. Mama's Creations, Inc. was incorporated in 2009 and is headquartered in East Rutherford, New Jersey.
Frequently Asked Questions
Is Mama's Creations, Inc. (MAMA) stock halal to invest in?
According to AAOIFI Shariah screening standards, Mama's Creations, Inc. (MAMA) is currently classified as Questionable. This is based on both business activity and financial ratio screening.

