Is Nevis Brands Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Nevis Brands Inc (NEVI.CN) is currently classified as NOT HALAL as of July 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 Nevis Brands 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 Nevis Brands Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Nevis Brands Inc?

Muslim investors may consider investing in Nevis Brands 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 Nevis Brands Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Nevis Brands 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 Nevis Brands Inc updated?

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

Can a halal stock like Nevis Brands 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 Nevis Brands Inc?

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

NEVI.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 16, 2025

Report Source: 2025 1st Quarter Report

Nevis Brands Inc. Stock Analysis NEVI.CN

Canada Consumer Staples Nano Cap Report: Q1, 2025

Nevis Brands, Inc. is a biotechnology company, which engages in developing breakthrough treatments in the field of immuno-oncology. The company is headquartered in Seattle, Washington. The company went IPO on 2023-07-06. The firm provides products in Washington, Mississippi, Oregon, New Jersey, Illinois, Oklahoma, Ohio, Arizona and Colorado through partners and licensees’. Its products include the flagship brand Major, which is a cannabis beverage and Happy Apple brand. Major is a high-dose tetrahydrocannabinol (THC) beverage that delivers a consistent cannabis experience with no cannabis taste or smell. Major offers various flavors, such as volcanic orange mango, sunset pink lemonade, Pacific Coast blue raspberry, dreamin of passion, and sacred grape. The company also offers Major Minis, which is a smaller 2 ounce (oz) shot. Major Minis come in three flavors, such as blueberry, fruit punch, and blackberry lemonade. The Happy Apple brand is also an infused beverage. Its other brands include Vertus and Velvet Swing.

Key Statistics of Nevis Brands Inc (NEVI.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

124.02K

P/E Ratio (TTM)

52 Week Range

CAD0.03CAD0.10

Market Cap

991.57K

Avg. Volume

40.84K

Dividend Yield

Financial Metrics & Statements of Nevis Brands Inc (NEVI.CN)

FAQ's for Nevis Brands Inc (NEVI.CN)

According to Musaffa’s Shariah screening methodology, Nevis Brands Inc (NEVI.CN) is currently classified as NOT HALAL as of July 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.