Is Prime Drink Group Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Prime Drink Group Corp (PRME.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 Prime Drink Group 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 Prime Drink Group Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Prime Drink Group Corp?

Muslim investors may consider investing in Prime Drink Group 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 Prime Drink Group Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Prime Drink Group 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 Prime Drink Group Corp updated?

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

Can a halal stock like Prime Drink Group 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 Prime Drink Group Corp?

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

PRME.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 07, 2025

Report Source: 2024 Annual Report

Prime Drink Group Corp. Stock Analysis PRME.CN

Canada Consumer Staples Nano Cap Report: 2024 Annual

Prime Drink Group Corp. is engaged in the acquisition and management of natural spring water sources. The company is headquartered in Montreal, Quebec. The company went IPO on 2006-08-29. The firm manages the business consisting of acquiring spring water permits to develop operations in the spring water market in Quebec and elsewhere and involving in the production, bottling and sales of alcoholic and non-alcoholic beverages across North America. The Company’s segments include Bottling and Corporate. The Company, through its subsidiary, Triani Canada Inc. (Triani), is engaged in the production, bottling and sale of alcoholic and non-alcoholic beverages across North America. Its subsidiaries include Dominion Water Reserves Corp., 6305768 Canada Inc., Centre Piscicole de Duhamel Inc., 11973002 Canada Inc., Source Sainte-Cecile Inc., 3932095 Canada Inc. and Societe Alto 2000 Inc. The Company’s water rights include Duhamel, Notre-Dame-du- Laus, Coloraine, Sainte-Cecilede-Whitton, Saint-Elie-de-Caxton, and St-Simeon.

Key Statistics of Prime Drink Group Corp (PRME.CN)

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

Today's Range

CAD0.06CAD0.07

Today's Open

CAD0.06

Volume

97.66K

P/E Ratio (TTM)

52 Week Range

CAD0.05CAD0.13

Market Cap

18.55M

Avg. Volume

112.35K

Dividend Yield

Financial Metrics & Statements of Prime Drink Group Corp (PRME.CN)

FAQ's for Prime Drink Group Corp (PRME.CN)

According to Musaffa’s Shariah screening methodology, Prime Drink Group Corp (PRME.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.