Is MTL Cannabis Corp halal to invest in?

According to Musaffa's Shariah screening methodology, MTL Cannabis Corp (MTLC.CN) is currently classified as NOT HALAL as of October 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 MTL Cannabis Corp 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 MTL Cannabis Corp using these criteria to determine its compliance status.

Can Muslims buy shares of MTL Cannabis Corp?

Muslim investors may consider investing in MTL Cannabis Corp 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 MTL Cannabis Corp classified as NOT HALAL?

Musaffa determines the Shariah status of MTL Cannabis Corp 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 MTL Cannabis Corp updated?

The Shariah compliance status of MTL Cannabis Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like MTL Cannabis Corp 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 MTL Cannabis Corp?

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

MTLC.CN Shariah Compliance

Screening Methodology: AAOIFI

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Last Updated: October 17, 2025

Report Source: 2026 1st Quarter Report

MTL Cannabis Corp. Stock Analysis MTLC.CN

Canada Health Care Nano Cap Report: Q1, 2026

MTL Cannabis Corp. engages in cultivating medical-grade cannabis and providing cannabinoid therapy. The company is headquartered in Pickering, Ontario. The company went IPO on 2000-06-27. The Company, through its subsidiaries, is engaged in the cultivation and production of cannabis products for recreational and medical purposes in Canada. The company also operates clinics that work directly with primary care teams to provide specialized cannabinoid therapy services to patients suffering from medical conditions. Its wholly owned subsidiaries include Montreal Medical Cannabis Inc. (Montreal Cannabis), Abba Medix Corp. (Abba), Canada House Clinics Inc. (CHC), and IsoCanMed Inc. (ICM). Montreal Medical is a licensed producer operating from a 57,000-square-foot licensed indoor growing facility in Pointe Claire, Quebec. Abba is a licensed producer in Pickering, Ontario that operates a medical cannabis marketplace. CHC is operating clinics across Canada. The firm offers cannabis based products under the MTL Cannabis, Low Key by MTL and R'belle brands.

Key Statistics of MTL Cannabis Corp (MTLC.CN)

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

Today's Range

CAD0.67CAD0.72

Today's Open

CAD0.57

Volume

13.55K

P/E Ratio (TTM)

10.05

52 Week Range

CAD0.30CAD1.03

Market Cap

70.98M

Avg. Volume

17.00K

Dividend Yield

Financial Metrics & Statements of MTL Cannabis Corp (MTLC.CN)

FAQ's for MTL Cannabis Corp (MTLC.CN)

According to Musaffa’s Shariah screening methodology, MTL Cannabis Corp (MTLC.CN) is currently classified as NOT HALAL as of October 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.