Purple Beverage Co., Inc. engages in the development, marketing, and distribution of unique beverage brands and products for consumers. The company is headquartered in Fort Lauderdale, Florida and currently employs 12 full-time employees. The company went IPO on 2007-12-13. The Company’s sole product is named Purple a functional beverage that contains a high level of anti-oxidants from seven different fruit sources that are combined to make this product. The seven anti-oxidant-rich fruits combined in its formula are the natural juices of acai, black cherry, pomegranate, black currant, purple plum, cranberry and blueberry. The Company’s brand is directed to consumers who prefer new age beverage products to traditional carbonated soft drinks, such as Coca-Cola, Pepsi and 7-Up. The new age or alternative beverage category combines non-carbonated, ready-to-drink iced teas, lemonades, juice cocktails, single-serve juices and fruit beverages, ready-to-drink dairy and coffee drinks with new age beverages.
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As of August 2026, Purple Beverage Company Inc PPBV is classified as not covered 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 Purple Beverage Company Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Purple Beverage Company 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 Purple Beverage Company 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 Purple Beverage Company 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 Purple Beverage Company Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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