SACCHERIA F.LLI FRANCESCHETTI (SAC.MI) - Not Halal (Non-Compliant)
SACCHERIA F.LLI FRANCESCHETTI (SAC.MI) is classified as Not Halal (Non-Compliant) 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 Cyclical
- Industry
- Packaging & Containers
- Result
- Pass
- Reason
- The sector "Consumer Cyclical" and industry "Packaging & Containers" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 55.3% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 19.9% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.2% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.19%.Based on the company's financial statements, approximately 0.19% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (0.19% of total income). Some scholars may differ on the exact calculation method.
About SACCHERIA F.LLI FRANCESCHETTI
Saccheria F.lli Franceschetti S.p.A. produces and markets bags and packaging products in Italy, Europe, and internationally. The company offers raffia, fertilizer, saddle, tele, and polyethylene bags, as well as belts, ribbons, yarns, and kits. It also provides customized and educational products. The company's products are used in agriculture, plastic, asbestos, steel, rubble, food, waste, and mineral industries; and sacks and saddlebags for use in post offices. Saccheria F.lli Franceschetti S.p.A. was founded in 1970 and is based in Provaglio d'Iseo, Italy.
Frequently Asked Questions
Is SACCHERIA F.LLI FRANCESCHETTI (SAC.MI) stock halal to invest in?
According to AAOIFI Shariah screening standards, SACCHERIA F.LLI FRANCESCHETTI (SAC.MI) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.


