Is Loblaw Companies Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Loblaw Companies Ltd (L.TO) is currently classified as NOT HALAL as of March 2026. 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 Loblaw Companies 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 Loblaw Companies Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Loblaw Companies Ltd?

Muslim investors may consider investing in Loblaw Companies 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 Loblaw Companies Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Loblaw Companies 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 Loblaw Companies Ltd updated?

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

Can a halal stock like Loblaw Companies 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 Loblaw Companies Ltd?

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

L.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 31, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Loblaw Companies Ltd (L.TO)

Based on 17 analysts giving stock ratings to Loblaw Companies Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Loblaw Companies Ltd. Stock Analysis L.TO

Canada Consumer Discretionary Large Cap Report: 2025 Annual

Loblaw Cos. Ltd. engages in the provision of grocery, pharmacy, general merchandise, and financial products and services. The company is headquartered in Brampton, Ontario and currently employs 220,000 full-time employees. The firm provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, financial services, and wireless mobile products and services. The Company’s segments include Retail and Financial Services. The Retail segment consists primarily of corporates and franchise-owned retail food and Associate-owned drug stores, which includes in-store pharmacies, health care services and other health and beauty products, apparel and other general merchandise. The Financial Services segment provides credit card and everyday banking services, the PC Optimum Program, insurance brokerage services, and telecommunication services. Its brands include Joe Fresh, no name, President's Choice and others.

Key Statistics of Loblaw Companies Ltd (L.TO)

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

Today's Range

CAD61.74CAD62.74

Today's Open

CAD62.68

Volume

985.27K

P/E Ratio (TTM)

27.09

52 Week Range

CAD52.92CAD69.59

Market Cap

72.37B

Avg. Volume

1.10M

Dividend Yield

1.12%

Financial Metrics & Statements of Loblaw Companies Ltd (L.TO)

FAQ's for Loblaw Companies Ltd (L.TO)

According to Musaffa’s Shariah screening methodology, Loblaw Companies Ltd (L.TO) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.