22 Apr 2026 · 2 min read
The Four AAOIFI Filters, Explained
How the AAOIFI screening framework decides whether a stock is Sharia-compliant — broken down filter by filter.
Read news →696,00 MAD
-2,90 MAD · -0.41%
Live chart · TradingView
15-min delayed CSE feedDay range
686,53 MAD – 704,98 MAD
52w range
518,00 MAD – 928,64 MAD
Avg volume (20d)
36.573
Momentum (1M)
-13.81%
Volatility (annualised)
31.5%
Prev close
698,90 MAD
Position vs 52w
43%
Trend signal (SMA20 vs 50)
UP
About the company
ATTIJARIWAFA BANK is presented as a locally listed banks company in the current EinveX screening experience.
ATTIJARIWAFA BANK is included in the current EinveX screener for the Casablanca Stock Exchange universe.
Sharia screening · AAOIFI ratios
Each row applies one of the four AAOIFI filters. Rows show pass/fail where a ratio applies, or N/A when the filter is not decisive for the current verdict.
| Filter | Formula | Limit | Value | Status |
|---|---|---|---|---|
| Activity | Qualitative | Sharia-compliant only | Not Sharia-compliant | Fail |
| Debt | Debt / Market cap | <= 30% | 0.0% | N/A |
| Cash | Cash / Market cap | <= 30% | 0.0% | N/A |
| Non-compliant revenue | Non-compliant income / Total revenue | <= 5% | 0.0% | N/A |
AAOIFI verdict
AAOIFI status: Not Sharia-compliant. The company fails the activity screen because core banking activity is non-compliant under AAOIFI due to interest-based financial intermediation. Financial ratios are not decisive when the core activity is non-compliant.
22 Apr 2026 · 2 min read
How the AAOIFI screening framework decides whether a stock is Sharia-compliant — broken down filter by filter.
Read news →