iFresh, Inc. engages in the management of a grocery supermarket chain and online grocer. The company is headquartered in New York City, New York and currently employs 276 full-time employees. The company went IPO on 2017-02-13. iFresh offers seafood, vegetables, meat, fruit, frozen goods, groceries, and bakery products through its retail stores. iFresh operates with approximately 12 supermarkets across New York, Boston, Florida and Connecticut. In New York, the Company’s supermarkets include New York Supermarket East Broadway, Inc., New York Mart Mott ST., Inc., New York Roosevelt, Inc. (online exclusive), New York Mart 8 Ave, Inc., Ming's Supermarket, Inc., Zen Mkt Quincy, Inc., New York Mart Sunrise, Inc., iFresh e. Colonial, Inc, iFresh Glen Cove, Inc., New York Mart CT, Inc. and New York Mart North Miami, Inc. In Boston, the Company’s supermarkets include Ming's Supermarket, Inc. and Zen Mkt Quincy, Inc. In Florida, the Company’s supermarkets include New York Mart Sunrise, Inc., iFresh E. Colonial, Inc. and New York Mart North Miami, Inc. In Connecticut, the Company has New York Mart CT, Inc.
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As of August 2026, iFresh Inc IFMK is classified as not covered 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 iFresh Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in iFresh 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 iFresh 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 iFresh 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 iFresh 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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