Is Rocky Mountain Liquor Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Rocky Mountain Liquor Inc (RUM.V) 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 Rocky Mountain Liquor 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 Rocky Mountain Liquor Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Rocky Mountain Liquor Inc?

Muslim investors may consider investing in Rocky Mountain Liquor 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 Rocky Mountain Liquor Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Rocky Mountain Liquor 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 Rocky Mountain Liquor Inc updated?

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

Can a halal stock like Rocky Mountain Liquor 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 Rocky Mountain Liquor Inc?

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

RUM.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 16, 2025

Report Source: 2025 1st Quarter Report

Rocky Mountain Liquor Inc. Stock Analysis RUM.V

Canada Consumer Discretionary Nano Cap Report: Q1, 2025

Rocky Mountain Liquor, Inc. engages in the ownership and operation of liquor stores. The company is headquartered in Edmonton, Alberta. The company went IPO on 2008-04-15. The Company, through its wholly-owned subsidiary, Andersons Liquor Inc., owns and operates approximately 22 private liquor stores in Alberta. The firm is engaged in selling beer, wine, spirits, ready-to-drink products, as well as ancillary items such as juice, ice, soft drinks and giftware. Its liquor store locations in Alberta include Athabasca, Beaumont, Cochrane, Devon, Edmonton, Fairview, Fort Macleod, Fort McMurray, Gibbons, Grande Prairie, Lac La Biche, Lethbridge, Morinville, Rocky Mountain House, Slave Lake, St. Paul, Sylvan Lake and Wetaskiwin.

Key Statistics of Rocky Mountain Liquor Inc (RUM.V)

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

Today's Range

CAD0.09CAD0.09

Today's Open

CAD0.09

Volume

5000.00

P/E Ratio (TTM)

20.00

52 Week Range

CAD0.08CAD0.12

Market Cap

4.21M

Avg. Volume

169.88K

Dividend Yield

Financial Metrics & Statements of Rocky Mountain Liquor Inc (RUM.V)

FAQ's for Rocky Mountain Liquor Inc (RUM.V)

According to Musaffa’s Shariah screening methodology, Rocky Mountain Liquor Inc (RUM.V) 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.