Is Canadian Tire Corporation Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Canadian Tire Corporation Ltd (CTC.A.TO) is currently classified as NOT HALAL as of March 2026. 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 Canadian Tire Corporation Ltd 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 Canadian Tire Corporation Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Canadian Tire Corporation Ltd?

Muslim investors may consider investing in Canadian Tire Corporation 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.

Why is Canadian Tire Corporation Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Canadian Tire Corporation Ltd 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 Canadian Tire Corporation Ltd updated?

The Shariah compliance status of Canadian Tire Corporation Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Canadian Tire Corporation Ltd 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 Canadian Tire Corporation Ltd?

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

CTC.A.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 17, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Canadian Tire Corporation Ltd (CTC.A.TO)

Based on 20 analysts giving stock ratings to Canadian Tire Corporation Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Canadian Tire Corporation Ltd. Stock Analysis CTC.A.TO

Canada Consumer Discretionary Mid Cap Report: 2025 Annual

Canadian Tire Corp. Ltd. operates as a general merchandise retailer for gasoline, automotive, sports and home products. The company is headquartered in Toronto, Ontario and currently employs 11,877 full-time employees. Its segments include Retail, Financial Services, and CT REIT. Retail segment is conducted under a number of banners, including Canadian Tire, Canadian Tire Gas+ (Petroleum), Mark’s, PartSource, Party City in Canada, and various SportChek banners. Retail also includes the Dealer Loan Program through which Franchise Trust issues loans to certain dealers. Non-CT REIT real estate is included in Retail. Financial Services segment issues Canadian Tire's Triangle brand credit cards, including Triangle Mastercard, Triangle World Elite Mastercard, and Cash Advantage Mastercard. CT REIT segment is a closed-end real estate investment trust. CT REIT holds a diversified portfolio of properties in Canada, comprising Canadian Tire banner stores.

Key Statistics of Canadian Tire Corporation Ltd (CTC.A.TO)

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

Today's Range

CAD169.14CAD174.50

Today's Open

CAD174.50

Volume

429.32K

P/E Ratio (TTM)

19.21

52 Week Range

CAD150.30CAD202.46

Market Cap

9.91B

Avg. Volume

255.43K

Dividend Yield

3.58%

Financial Metrics & Statements of Canadian Tire Corporation Ltd (CTC.A.TO)

FAQ's for Canadian Tire Corporation Ltd (CTC.A.TO)

According to Musaffa’s Shariah screening methodology, Canadian Tire Corporation Ltd (CTC.A.TO) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.