Is Body and Mind Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Body and Mind Inc (BAMM.CN) is currently classified as NOT HALAL as of November 2024. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Body and Mind Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Body and Mind Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Body and Mind Inc?

Muslim investors may consider investing in Body and Mind Inc if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Body and Mind Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Body and Mind Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Body and Mind Inc updated?

The Shariah compliance status of Body and Mind Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Body and Mind Inc become non-compliant?

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.

Where can I check the Shariah status of Body and Mind Inc?

You can check the latest Shariah compliance status of Body and Mind Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

BAMM.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 04, 2024

Report Source: 2024 3rd Quarter Report

Body and Mind Inc. Stock Analysis BAMM.CN

Canada Health Care Nano Cap Report: Q3, 2024

Body & Mind, Inc. engages in the provision of medical cannabis. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2011-12-22. The firm's segments include Retail and All others. The firm's products include flowers, pre rolls and hemp blunts, concentrates, carts and vapes, and edibles. Its featured products include Krispy Bites, Pretzel Bites and Chocolate Bites. The company manages and operates a BaM Body and Mind branded dispensary including cultivation in West Memphis, Arkansas. The company owns and operates The Reef by Body and Mind retail dispensary in the limited license jurisdiction of Seaside, California. The firm's subsidiary is DEP Nevada Inc.

Key Statistics of Body and Mind Inc (BAMM.CN)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

CAD0.03CAD0.03

Today's Open

CAD0.03

Volume

1420.00

P/E Ratio (TTM)

52 Week Range

CAD0.03CAD0.03

Market Cap

3.73M

Avg. Volume

23.91K

Dividend Yield

Financial Metrics & Statements of Body and Mind Inc (BAMM.CN)

FAQ's for Body and Mind Inc (BAMM.CN)

According to Musaffa’s Shariah screening methodology, Body and Mind Inc (BAMM.CN) is currently classified as NOT HALAL as of November 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.