As of August 2026, Sugarmade Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Sugarmade Inc. Stock Analysis SGMD
United States Materials Nano Cap
Sugarmade, Inc. engages in the supply of disposable products to the quick-service restaurant sub-sector of the restaurant industry, import and distribution of non-medical personal protection equipment, provision of cannabis products delivery services, and the establishment of selected cannabis and hemp projects. The company is headquartered in Monrovia California, California and currently employs 7 full-time employees. The firm operates through cannabis products delivery segment. The firm focuses on investing in cannabis real estate, cultivation, and wholesale sectors vs. cannabis retail operations. The firm is also engaged in selected cannabis and hemp projects. Its subsidiary is Lemon Glow Company, Inc. (Lemon Glow). Its portfolio includes approximately 640-acre landholding situated in Lake County, California.
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Financial Metrics & Statements of Sugarmade Inc (SGMD)
FAQ's for Sugarmade Inc (SGMD)
As of August 2026, Sugarmade Inc SGMD 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 Sugarmade Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Sugarmade 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 Sugarmade 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 Sugarmade 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 Sugarmade 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 Sugarmade Inc (SGMD)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.