Is Harrys Manufacturing Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Harrys Manufacturing Inc (HARY.CN) is currently classified as NOT HALAL as of July 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 Harrys Manufacturing Inc 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 Harrys Manufacturing Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Harrys Manufacturing Inc?

Muslim investors may consider investing in Harrys Manufacturing 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.

Why is Harrys Manufacturing Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Harrys Manufacturing Inc 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 Harrys Manufacturing Inc updated?

The Shariah compliance status of Harrys Manufacturing Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Harrys Manufacturing Inc 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 Harrys Manufacturing Inc?

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

HARY.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 16, 2025

Report Source: 2025 3rd Quarter Report

Harrys Manufacturing Inc. Stock Analysis HARY.CN

Canada Materials Nano Cap Report: Q3, 2025

Harrys Manufacturing, Inc. engages in the distribution and manufacture of tobacco cigarettes. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2010-05-04. The firm's principal business is tobacco sales in Canada. The company operates as a marketer of tobacco products designed to satisfy the preferences of adult Canadian tobacco consumers who are seeking a Canadian made product at a value price. Its cigarettes are made from leaves of Virginia tobacco without any additives, which are offered under the Harrys brand. The firm's wholly-owned subsidiary is Harrys International Manufacturing Inc.

Key Statistics of Harrys Manufacturing Inc (HARY.CN)

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

Today's Range

CAD0.04CAD0.04

Today's Open

CAD0.04

Volume

134.00K

P/E Ratio (TTM)

52 Week Range

CAD0.01CAD0.11

Market Cap

4.64M

Avg. Volume

188.79K

Dividend Yield

Financial Metrics & Statements of Harrys Manufacturing Inc (HARY.CN)

FAQ's for Harrys Manufacturing Inc (HARY.CN)

According to Musaffa’s Shariah screening methodology, Harrys Manufacturing Inc (HARY.CN) is currently classified as NOT HALAL as of July 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.