Is Canlan Ice Sports Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Canlan Ice Sports Corp (ICE.TO) 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 Canlan Ice Sports 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 Canlan Ice Sports Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Canlan Ice Sports Corp?

Muslim investors may consider investing in Canlan Ice Sports 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 Canlan Ice Sports Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Canlan Ice Sports 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 Canlan Ice Sports Corp updated?

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

Can a halal stock like Canlan Ice Sports 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 Canlan Ice Sports Corp?

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

ICE.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 27, 2025

Report Source: 2025 1st Quarter Report

Canlan Ice Sports Corp. Stock Analysis ICE.TO

Canada Consumer Discretionary Nano Cap Report: Q1, 2025

Canlan Ice Sports Corp. engages in the acquisition, development and operation of recreation facilities in North America. The company is headquartered in Burnaby, British Columbia and currently employs 1,000 full-time employees. The firm is a private sector owner and operator of recreation facilities in North America. The company operates primarily in the sports and recreation industry, with a focus on ice, turf and court sports. The Company’s operations consist of full-service ice rink and recreational facilities. The company offers a progressive product line for all ages and skill levels. This includes hockey and staking programs and camps that take its customers through its Play Forward Pathway, Canlan Youth Hockey League, Adult Safe Hockey League (catering to both men and women), Canlan Classic Tournaments, Soccer and Volleyball Leagues and others. The firm owns, leases and/or manages approximately 15 facilities in Canada and the United States with 47 ice surfaces, as well as 10 indoor soccer fields, and 18 hard court surfaces.

Key Statistics of Canlan Ice Sports Corp (ICE.TO)

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

Today's Range

CAD4.05CAD4.05

Today's Open

CAD4.05

Volume

100.00

P/E Ratio (TTM)

14.09

52 Week Range

CAD3.22CAD5.25

Market Cap

55.35M

Avg. Volume

1469.47

Dividend Yield

27.45%

Financial Metrics & Statements of Canlan Ice Sports Corp (ICE.TO)

FAQ's for Canlan Ice Sports Corp (ICE.TO)

According to Musaffa’s Shariah screening methodology, Canlan Ice Sports Corp (ICE.TO) 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.