Is Maple Leaf Green World Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Maple Leaf Green World Inc (MGW.CN) is currently classified as NOT HALAL as of April 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 Maple Leaf Green World Inc 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 Maple Leaf Green World Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Maple Leaf Green World Inc?

Muslim investors may consider investing in Maple Leaf Green World 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.

Why is Maple Leaf Green World Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Maple Leaf Green World Inc 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 Maple Leaf Green World Inc updated?

The Shariah compliance status of Maple Leaf Green World Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Maple Leaf Green World Inc 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 Maple Leaf Green World Inc?

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

MGW.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 09, 2025

Report Source: 2024 2nd Quarter Report

Maple Leaf Green World Inc. Stock Analysis MGW.CN

Canada Health Care Nano Cap Report: Q2, 2024

Maple Leaf Green World, Inc. engages in the supply of hem products. The firm's portfolio includes a plant-based health and wellness project in Southern California, an essential oil project in China, and investments in renewable energy initiatives. The company is engaged in the hemp products market in the state of California, United States. The company is focused on exploring new renewable energy projects to invest in including a solar power and new wind turbine technology project to pilot on its California property and various locations in Alberta. Its projects include renewable energy, solar farm and 12 megawatts (MW) DC solar farm. The firm has leased four acres of farmland at San Diego with facility to process wellness and health supplement products such as essential oil and herbal supplements and may use the outdoor space to grow some special strain cannabigerol (CBG) and cannabidiol (CBD) to enhance its product line.

Key Statistics of Maple Leaf Green World Inc (MGW.CN)

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

Today's Range

CAD0.03CAD0.03

Today's Open

CAD0.03

Volume

3025.00

P/E Ratio (TTM)

0.47

52 Week Range

CAD0.03CAD0.03

Market Cap

970.00K

Avg. Volume

33.29K

Dividend Yield

Financial Metrics & Statements of Maple Leaf Green World Inc (MGW.CN)

FAQ's for Maple Leaf Green World Inc (MGW.CN)

According to Musaffa’s Shariah screening methodology, Maple Leaf Green World Inc (MGW.CN) is currently classified as NOT HALAL as of April 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.