Is Terrascend Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Terrascend Corp (TSND.TO) is currently classified as NOT HALAL as of April 2026. 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 Terrascend 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 Terrascend Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Terrascend Corp?

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

Musaffa determines the Shariah status of Terrascend 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 Terrascend Corp updated?

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

Can a halal stock like Terrascend 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 Terrascend Corp?

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

TSND.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 10, 2026

Report Source: 2025 Annual Report

Terrascend Corp. Stock Analysis TSND.TO

Canada Health Care Micro Cap Report: 2025 Annual

TerrAscend Corp. produces and sells medical cannabis products. The company is headquartered in Mississauga, Ontario. The company went IPO on 2017-05-03. The firm has vertically integrated operations in Pennsylvania, New Jersey, Maryland, Ohio, and California through its subsidiary, TerrAscend Growth Corp., along with retail operations in Canada. The firm operates The Apothecarium and other dispensary retail locations as well as scaled cultivation, processing, and manufacturing facilities in its core market. The Company’s cultivation and production methods deliver cannabis, offerring a diverse range of products for both medical and legal adult-use consumers. The company has a variety of product types, including flowers, vaporizable, concentrations, topicals, tinctures, and edibles. The firm owns or licenses several synergistic businesses and brands including The Apothecarium, Cookies, Lemonnade, Ilera Healthcare, Kind Tree, Legend, State Flower, Wana, and Valhalla Confections. The company also operates a cannabis dispensary located in Goshen Township, Ohio.

Key Statistics of Terrascend Corp (TSND.TO)

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

Today's Range

CAD0.85CAD0.93

Today's Open

CAD0.93

Volume

569.82K

P/E Ratio (TTM)

52 Week Range

CAD0.31CAD2.00

Market Cap

358.13M

Avg. Volume

466.06K

Dividend Yield

Financial Metrics & Statements of Terrascend Corp (TSND.TO)

FAQ's for Terrascend Corp (TSND.TO)

According to Musaffa’s Shariah screening methodology, Terrascend Corp (TSND.TO) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.