International Star, Inc. engages in the ownership of intellectual property contracts with movie studios which provide for the licensing of IP to third parties for cannabis hardware through its subsidiary. The company is headquartered in Dover, Delaware and currently employs 0 full-time employees. The company went IPO on 2000-06-09. The firm operates through its wholly owned subsidiary, Budding Equity LLC. The firm operates a royalty-based business that owns intellectual property contracts with movie studios which provide for the licensing of that intellectual property (IP) to third parties for cannabis hardware. The firm also has joint venture partnerships with Ice Cube and Kevin Smith for licensing and branding cannabis products that are sold and distributed by third-party licensed producers. The firm's IP portfolio encompasses Ice Cube's Good Day and Fryday cannabis lines, Kevin Smith's Snoogens, Berzerker and Snoochie Boochies offerings, Jay and Silent Bob accessories, and manufacturing collaborations with Paramount's Cheech and Chong Up in Smoke and Trailer Park Boyz. The firm also has film-related investments.
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FAQ's for International Star Inc (ILST)
As of August 2026, International Star Inc ILST 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 International Star Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in International Star 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 International Star 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 International Star 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 International Star 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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