Is Simply Solventless Concentrates Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Simply Solventless Concentrates Ltd (HASH.V) is currently classified as NOT HALAL as of June 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 Simply Solventless Concentrates 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 Simply Solventless Concentrates Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Simply Solventless Concentrates Ltd?

Muslim investors may consider investing in Simply Solventless Concentrates 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 Simply Solventless Concentrates Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Simply Solventless Concentrates 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 Simply Solventless Concentrates Ltd updated?

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

Can a halal stock like Simply Solventless Concentrates 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 Simply Solventless Concentrates Ltd?

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

HASH.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 26, 2025

Report Source: 2024 Annual Report

Simply Solventless Concentrates Ltd. Stock Analysis HASH.V

Canada Health Care Nano Cap Report: 2024 Annual

Simply Solventless Concentrates Ltd. engages in the provision of pure, potent, terpene-rich cannabis products to discerning cannabis consumers. The firm owns confidential intellectual property regarding the branding, formulation, manufacturing, and sale of pure, potent, terpene-rich ready-to-consumer (RTC) cannabis products for discerning cannabis consumers. The firm serves the recreational, medical, and business to business cannabis markets in Canada. Its brands include frootyhooty, Astro Lab, Lamplighter, Roilty, and Zest Cannabis. The Lamplighter is a recreational cannabis brand that provides premium, RTC cannabis products to markets across Canada, including Ontario, Alberta, and British Columbia. These products consist of ultra-high potency vape cartridges and infused prerolls. The Company’s subsidiaries include Massive Hash Factory Ltd., CannMart Inc., and ANC Inc.

Key Statistics of Simply Solventless Concentrates Ltd (HASH.V)

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

162.01K

P/E Ratio (TTM)

52 Week Range

CAD0.04CAD0.51

Market Cap

3.87M

Avg. Volume

215.39K

Dividend Yield

Financial Metrics & Statements of Simply Solventless Concentrates Ltd (HASH.V)

FAQ's for Simply Solventless Concentrates Ltd (HASH.V)

According to Musaffa’s Shariah screening methodology, Simply Solventless Concentrates Ltd (HASH.V) is currently classified as NOT HALAL as of June 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.