Globrands Group Ltd. specializes in marketing and sales solutions. The company employs 360 full-time employees The company went IPO on 2018-06-03. The firm uses technological and human infrastructure that is coupled with the Van Sale system. The Van Sale method enables it to assume overall responsibility for every brand it markets, starting from stage of import through marketing setup and up until the final sale and post-sale stages. The firm serves mainly tobacco and food industries, such as food chains, convenience stores, kiosks and individual selling points. The company serves as exclusive importer and distributor of Japan Tobacco International (JTI) products in Israel, including such cigarette brands as Camel, Winston, LD and More. The company is also importer and distributor of the British American Tobacco (BAT) products in Israel, including Kent, Pall-Mall, Vogue, Rothmans, Lucky Strike and Golden Virginia brands. In the food and confectionary category it represents multinational corporations such as Wrigley and Unilever, among others.
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FAQ's for Globrands Group Ltd (GLBGF)
As of August 2026, Globrands Group Ltd GLBGF is classified as not covered 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 Globrands Group Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Globrands Group 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 Globrands Group 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 Globrands Group 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 Globrands Group Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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