No. As of October 2026, Kanabo Group PLC (KNB.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Kanabo Group PLC does not pass Musaffa's business and financial screening criteria.
Kanabo Group Plc engages in the acquisition of a target company and business in the energy and industrial sectors. The Company’s principal activities are the distribution and development of cannabis derived medical and wellness products. The firm operates through two segments: Primary case and Secondary case. Primary case segment is involved in the telepharma services provided by GPS. Secondary case segment is involved in the distribution and development of cannabis-derived medical and wellness products. The firm is focused on the distribution of cannabis-derived products for medical patients, and non- tetrahydrocannabinol (THC) products for cannabidiol (CBD) consumers. The company has conducted research and development (R&D) in order to develop cannabis extract formulas, medical-grade vaporizers and various non-smoking consumption solutions. Its clinical and validation activities, including safety and efficiency tests, are conducted in Israel.
Kanabo Group PLC KNB.L
GBX0.23
Last Updated: May 01, 12:00 AM·LSE
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KNB.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Kanabo Group PLC is classified as not halal.
NOT HALAL
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FAQ's for Kanabo Group PLC (KNB.L)
As of October 2026, Kanabo Group PLC KNB.L is classified as not halal 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 Kanabo Group PLC using these criteria to determine its compliance status.
Muslim investors may consider investing in Kanabo Group PLC 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 Kanabo Group PLC 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 Kanabo Group PLC 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 Kanabo Group PLC 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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