Is Gold Flora Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Gold Flora Corp (GRAM.NE) is currently classified as NOT HALAL as of January 2025. 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 Gold Flora Corp 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 Gold Flora Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Gold Flora Corp?

Muslim investors may consider investing in Gold Flora Corp 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 Gold Flora Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Gold Flora Corp 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 Gold Flora Corp updated?

The Shariah compliance status of Gold Flora Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Gold Flora Corp 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 Gold Flora Corp?

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

GRAM.NE Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 24, 2025

Report Source: 2024 3rd Quarter Report

Gold Flora Corp. Stock Analysis GRAM.NE

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Gold Flora Corp. engages in cultivating, manufacturing, distributing and retailing cannabis. The company is headquartered in Costa Mesa, California and currently employs 389 full-time employees. The firm and its subsidiaries’ operations include cultivation, manufacturing, distribution, and retail. The company owns and operates multiple indoor cannabis cultivation facilities, approximately 16 retail dispensaries, a distribution business selling first-party and third-party brands into dispensaries across California, and a portfolio of cannabis brands. The firm's retail operations include Airfield Supply Company, Caliva, Coastal, Calma, King's Crew, Varda, Deli, and Higher-Level dispensaries, and its distribution company operates under the name Stately Distribution. Its indoor cultivation canopy comprises approximately 107,000 square feet across three facilities in its Desert Hot Springs campus and two San Jose cultivation facilities. The company distributes various cannabis brands, including its own product lines: Gramlin, Gold Flora, Cruisers, Roll Bleezy, Aviation Cannabis, Jetfuel Cannabis, and Monogram.

Key Statistics of Gold Flora Corp (GRAM.NE)

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

Today's Range

CAD0.05CAD0.05

Today's Open

CAD0.05

Volume

9130.00

P/E Ratio (TTM)

52 Week Range

CAD0.05CAD0.05

Market Cap

12.69M

Avg. Volume

10.11K

Dividend Yield

Financial Metrics & Statements of Gold Flora Corp (GRAM.NE)

FAQ's for Gold Flora Corp (GRAM.NE)

According to Musaffa’s Shariah screening methodology, Gold Flora Corp (GRAM.NE) is currently classified as NOT HALAL as of January 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.