No. As of October 2026, Althea Group Holdings Ltd (AGH.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Althea Group Holdings Ltd does not pass Musaffa's business and financial screening criteria.
Althea Group Holdings Ltd. is an investment company, which engages in the manufacture, sales, and distribution of cannabis-based medicines and recreational cannabis products. The company is headquartered in Melbourne, Victoria. The company went IPO on 2018-09-21. The firm specializes in the manufacturing, sales, and distribution of THC beverages. Through its business unit, Peak Processing Solutions, it develops compliant products that resonate with adult consumers in regulated global markets, including the United States and Canada. Peak Processing Solutions, the Company’s recreational cannabis business, which produces legal cannabis products purchased by adult consumers in retail stores. Peak Processing Solutions manufactures, sells and distributes legal recreational cannabis products in Canada.
Althea Group Holdings Ltd AGH.AX
AUD0.02
Last Updated: Mar 13, 12:00 AM·ASX
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AGH.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Althea Group Holdings Ltd is classified as not halal.
NOT HALAL
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FAQ's for Althea Group Holdings Ltd (AGH.AX)
As of October 2026, Althea Group Holdings Ltd AGH.AX 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 Althea Group Holdings Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Althea Group Holdings Ltd 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 Althea Group Holdings Ltd 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 Althea Group Holdings Ltd 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 Althea Group Holdings Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.