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Is NUGL Inc Stock Halal?
Shariah Compliance Analysis of NUGL Stock
United States Industrials Nano Cap No. As of November 2026, NUGL Inc (NUGL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. NUGL Inc does not pass Musaffa's business and financial screening criteria.
NUGL, Inc. is a search engine and online directory, and multi-media platform created for the marijuana industry. The company is headquartered in Chino, California and currently employs 1 full-time employees. The company went IPO on 2002-10-01. The firm's app blends with its digital and print magazine, and its cannabis multimedia platform providing marketing opportunities for business profiles, in print, digital and video format. The Company, through its subsidiary, Kaya LLC, operates three retail locations, one consumption lounge, and one maintenance facility. Each retail facility features food, drink, retail and venue capabilities creating a lifestyle atmosphere. The company also has a cultivation farm and extraction facility. Its retail facilities include Kaya Herbhouse Draxhall, Kaya Herbhouse Falmouth, and Kingston Herbhouse Kingston. Its GAP Cafe is located in Jamaica Blue Mountain. Its products and services include NUGL Magazine, NUGL TV/LIVE, NUGL Online Store, and Advertisement Opportunities and Ad Server. NUGL Magazine covers the cannabis industry’s news and how it affects the community.
NUGL Shariah Compliance
Screening Methodology: AAOIFI
As of November 2026, NUGL Inc is classified as not halal.
NOT HALALNUGL Inc (NUGL) Chart
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Financial Metrics & Statements of NUGL Inc (NUGL)
FAQ's for NUGL Inc (NUGL)
- As of November 2026, NUGL Inc NUGL 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 NUGL Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in NUGL 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.
- Musaffa determines the Shariah status of NUGL Inc 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 NUGL Inc 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 NUGL Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for NUGL Inc (NUGL)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
