No. As of October 2026, Plantify Foods Inc (PTFY.V) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Plantify Foods Inc does not pass Musaffa's business and financial screening criteria.
Plantify Foods, Inc. engages in the business of developing, producing, and selling plant-based foods. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2019-12-16. The firm is engaged in the development, production and sales of plant-based foods out of its 100% owned subsidiary Peas of Bean, with its factory located in Kibbutz Gonen, Israel. Its offering is comprised of four key product lines, all of which have no added sugar and are free from common allergens. Its product consists of dips, spreads, salads, stews, veggie nuggets, balls, and soups.
Plantify Foods Inc PTFY.V
CAD0.09
Last Updated: Sep 04, 12:00 AM·TSX
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PTFY.V Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Plantify Foods Inc is classified as not halal.
NOT HALAL
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FAQ's for Plantify Foods Inc (PTFY.V)
As of October 2026, Plantify Foods Inc PTFY.V 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 Plantify Foods Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Plantify Foods 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 Plantify Foods 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 Plantify Foods 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 Plantify Foods 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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