Green Rise Foods Inc. GRF.NE
CAD0.22
Last Updated: Apr 29, 12:00 AM·NEO
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GRF.NE Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Green Rise Foods Inc. is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Green Rise Foods Inc.. Stock Analysis GRF.NE
Canada Consumer Staples Nano Cap Green Rise Foods, Inc. is a controlled-environment agricultural company. The firm uses its wholly owned 89 acres of controlled-environment agriculture greenhouses to produce fresh produce under the SUNSET brand for Mastronardi Produce Ltd., its distribution partner. Its 89 acres of greenhouse ranges, includes 51 acres of ranges (Green Rise 1) located in Leamington, Ontario, and 22 acres and 16 acres of ranges (Green Rise 2 and Green Rise 3) located in Kingsville, Ontario. The total growing capacity of the Company’s ranges, factoring in walkways and machinery and equipment, is 86.5 acres. The firm also leases 15 acres of its GR1 greenhouse to one customer, who is growing organic peppers. Its products include One Sweet Peppers, MiMi Gourmet Tomatoes, Zima, XL Beef, Wild Wonders, Honey Bombs, and Mini Kumato.
Green Rise Foods Inc. (GRF.NE) Chart
Financial Metrics & Statements of Green Rise Foods Inc. (GRF.NE)
FAQ's for Green Rise Foods Inc. (GRF.NE)
- As of August 2026, Green Rise Foods Inc. GRF.NE 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 Green Rise Foods Inc. using these criteria to determine its compliance status.
- Muslim investors may consider investing in Green Rise Foods 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 Green Rise Foods 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 Green Rise Foods 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 Green Rise Foods Inc. 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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