Is Susglobal Energy Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Susglobal Energy Corp (SNRG) is currently classified as NOT HALAL as of March 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 Susglobal Energy 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 Susglobal Energy Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Susglobal Energy Corp?

Muslim investors may consider investing in Susglobal Energy 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 Susglobal Energy Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Susglobal Energy 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 Susglobal Energy Corp updated?

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

Can a halal stock like Susglobal Energy 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 Susglobal Energy Corp?

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

SNRG Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 01, 2025

Report Source: 2024 3rd Quarter Report

Susglobal Energy Corp. Stock Analysis SNRG

United States Materials Nano Cap Report: Q3, 2024

SusGlobal Energy Corp. is a renewable energy company, which engages in the acquisition, development, and monetization of a portfolio of proprietary technologies in the waste energy and products application. The company is headquartered in Toronto, Ontario. The company went IPO on 2018-11-02. The company provides a range of services, including anaerobic digestion, dry digestion, wastewater treatment, in-vessel composting, source-separated organics (SSO) treatment, biosolids heat treatment, leachate management, composting and liquid fertilizers. Its proprietary technology, SusGro Biofertilizer, transforms organic waste into a pathogen-free recognized organic liquid fertilizer. The company uses patented technology, Earth’s Journey Compost, to transform organic waste into a nutrient-rich organic compost, diverting organic waste from landfill and reducing greenhouse gas (GHG) emissions. Its subsidiaries include SusGlobal Energy Canada Corp., SusGlobal Energy Canada I Ltd., SusGlobal Energy Belleville Ltd., SusGlobal Energy Hamilton Ltd., and 1684567 Ontario Inc.

Key Statistics of Susglobal Energy Corp (SNRG)

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

Today's Range

$0.02$0.02

Today's Open

$0.02

Volume

11.60K

P/E Ratio (TTM)

52 Week Range

$0.02$0.08

Market Cap

2.78M

Avg. Volume

105.51K

Dividend Yield

Financial Metrics & Statements of Susglobal Energy Corp (SNRG)

FAQ's for Susglobal Energy Corp (SNRG)

According to Musaffa’s Shariah screening methodology, Susglobal Energy Corp (SNRG) is currently classified as NOT HALAL as of March 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.