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Is urban-gro Inc Stock Halal?
Shariah Compliance Analysis of UGRO Stock
United States Industrials Nano Cap No. As of November 2026, urban-gro Inc (UGRO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. urban-gro Inc does not pass Musaffa's business and financial screening criteria.
urban-gro, Inc. is an agricultural technology systems integrator, which engages in manufacturing, distributing, and selling lighting, pest management, fertigation, and water and other products to the medical and recreational cannabis industry in states where operation of a cannabis production facility has been legalized. The company is headquartered in Lafayette, Colorado and currently employs 110 full-time employees. The company went IPO on 2019-08-05. The firm offers architectural, engineering, and construction management solutions to the Controlled Environment Agriculture (CEA), industrial, healthcare, and other commercial sectors. Its segments include Equipment systems and Construction design-build. The Equipment systems segment acts as a vendor providing reselling to clients when selling vetted commercial horticulture lighting solutions, rolling and automated container benching systems, specialty fans, fertigation/irrigation systems, environmental control systems, and microbial mitigation and odor reduction systems. The Construction design-build segment engages as a general contractor to provide all the additional necessary parts to deliver the client's projects, from the initial estimate and bid process, to subcontractor selection, and management of all construction details.
UGRO Shariah Compliance
Screening Methodology: AAOIFI
As of November 2026, urban-gro Inc is classified as not halal.
NOT HALALurban-gro Inc (UGRO) Chart
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Financial Metrics & Statements of urban-gro Inc (UGRO)
FAQ's for urban-gro Inc (UGRO)
- As of November 2026, urban-gro Inc UGRO 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 urban-gro Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in urban-gro 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 urban-gro 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 urban-gro 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 urban-gro 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 urban-gro Inc (UGRO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
