Is AURORA CANNABIS INC (ACB) Halal?

NASDAQ Healthcare Canada $181M
✗ NOT HALAL
Confidence: 90/100
AURORA CANNABIS INC (ACB) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 52.5% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. AURORA CANNABIS INC operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from March 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 52.5%
/ 30%
69.6%
/ 30%
21.3%
/ 30%
3.35%
/ 5%
✗ NOT HALAL
DJIM 52.5%
/ 33%
69.6%
/ 33%
21.3%
/ 33%
3.35%
/ 5%
✗ NOT HALAL
MSCI 12.3%
/ 33%
16.2%
/ 33%
5.0%
/ 33%
3.35%
/ 5%
✓ HALAL
S&P 52.5%
/ 33%
69.6%
/ 33%
21.3%
/ 33%
3.35%
/ 5%
✗ NOT HALAL
FTSE 12.3%
/ 33%
16.2%
/ 33%
5.0%
/ 50%
3.35%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-1.08
P/B Ratio
0.5
EV/EBITDA
-6.3
EV: $205M
Revenue
$343M
Growth: 6.8%
Beta
1.3
High volatility
Current Ratio
3.1

Profitability

Gross Margin 36.0%
Operating Margin 2.3%
Net Margin -22.5%
Return on Equity (ROE) -15.5%
Return on Assets (ROA) -4.4%

Cash Flow & Balance Sheet

Operating Cash Flow$16M
Free Cash Flow-$3M
Total Debt$105M
Debt-to-Equity17.8
Current Ratio3.1
Total Assets$853M

Price & Trading

Last Close$3.34
50-Day MA$3.71
200-Day MA$4.56
Avg Volume962K
Beta1.3
52-Week Range
$3.19
$6.67

About AURORA CANNABIS INC (ACB)

CEO
Mr. Miguel Martin
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Country
Canada
Exchange
NASDAQ
Market Cap
$181M
Currency
USD

Aurora Cannabis Inc., together with its subsidiaries, engages in the production, distribution, and sale of cannabis and cannabis-derivative products in Canada and internationally. It operates through two segments, Canadian Cannabis and Plant Propagation. The company offers pharmaceutical-grade cannabis products; medical and consumer cannabis products; and engages in the propagation of vegetables and floral plants. It also provides dried and fresh cannabis, cannabis oils, trims, concentrates, ingestibles, capsules, vaporizers, edible cannabis, cannabis extracts, and cannabis topicals; and patient counseling and outreach services. Its brand portfolio includes San Rafael '71, Greybeard, Drift, Daily Special, Being, CanniMed, MedReleaf, Aurora, and WMMC, as well as international brands include Pedanios, Bidiol, IndiMed, and CraftPlant. The company was founded in 2013 and is headquartered in Edmonton, Canada.

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Frequently Asked Questions

Is AURORA CANNABIS INC (ACB) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), AURORA CANNABIS INC is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is AURORA CANNABIS INC's debt ratio?

AURORA CANNABIS INC's debt ratio is 52.5% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 12.3%.

What are AURORA CANNABIS INC's key financial metrics?

AURORA CANNABIS INC has a market capitalization of $181M, and revenue of $343M. The company maintains a gross margin of 36.0% and a net margin of -22.5%. Return on equity stands at -15.5%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.