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Is Blum Holdings Inc Stock Halal?
Shariah Compliance Analysis of BLMH Stock
No. As of October 2026, Blum Holdings Inc (BLMH) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Blum Holdings Inc does not pass Musaffa's business and financial screening criteria.
Blum Holdings, Inc. is a cannabis company with retail and distribution operations throughout California. The company is headquartered in Santa Ana, California and currently employs 133 full-time employees. The company went IPO on 2011-02-10. The Company, through its subsidiaries, provides the quality of medical and adult use of cannabis products and related services. The company operates several Company-owned brands, including Korova, known for its products across multiple product categories, including the 1000 mg THC Black Bar. The company operates the retail store, Cookies Sacramento, and provides consulting services for two additional dispensaries located in Northern California. The firm's branded products, Korova, are manufactured and distributed by licensed third-party distributors to dispensaries in California. Cookies Sacramento is a premium cannabis dispensary in Sacramento, California, offering a wide selection of quality strains, edibles, and accessories.
BLMH Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Blum Holdings Inc is classified as not halal.
NOT HALALBlum Holdings Inc (BLMH) Chart
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Financial Metrics & Statements of Blum Holdings Inc (BLMH)
FAQ's for Blum Holdings Inc (BLMH)
- As of October 2026, Blum Holdings Inc BLMH 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 Blum Holdings Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Blum Holdings 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.
- Musaffa determines the Shariah status of Blum Holdings Inc 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 Blum Holdings Inc 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 Blum Holdings Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Blum Holdings Inc (BLMH)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
| Name | Price | 1D Change | Market Cap | Rating | |
|---|---|---|---|---|---|
G Willi Food International Ltd WILC | $28.56 | 0.90% | $376.40M | Unlock | |
Hongchang International Co Ltd HCIL | $0.05 | 7.82% | $55.36M | Unlock | |
Sino Green Land Corp SGLA | $0.46 | 17.27% | $45.39M | Unlock |