Is FORTE GROUP HOLDINGS INC. (FGHFF) Halal?

NYSE Consumer Defensive Canada $6M
✗ NOT HALAL
Confidence: 90/100
FORTE GROUP HOLDINGS INC. (FGHFF) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 102.1% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. FORTE GROUP HOLDINGS INC. operates in the Consumer Defensive sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 102.1%
/ 30%
3.0%
/ 30%
7.2%
/ 30%
4348.4%
/ 5%
✗ NOT HALAL
DJIM 102.1%
/ 33%
3.0%
/ 33%
7.2%
/ 33%
4348.4%
/ 5%
✗ NOT HALAL
MSCI 57.5%
/ 33%
1.7%
/ 33%
4.1%
/ 33%
4348.4%
/ 5%
✗ NOT HALAL
S&P 102.1%
/ 33%
3.0%
/ 33%
7.2%
/ 33%
4348.4%
/ 5%
✗ NOT HALAL
FTSE 57.5%
/ 33%
1.7%
/ 33%
4.1%
/ 50%
4348.4%
/ 5%
✗ NOT HALAL

Financial Highlights

Revenue
$81,361

Cash Flow & Balance Sheet

Total Debt$6M
Total Assets$11M

About FORTE GROUP HOLDINGS INC. (FGHFF)

Sector
Consumer Defensive
Industry
Beverages - Non-Alcoholic
Country
Canada
Exchange
NYSE
Market Cap
$6M
Currency
USD

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Frequently Asked Questions

Is FORTE GROUP HOLDINGS INC. (FGHFF) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), FORTE GROUP HOLDINGS 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 FORTE GROUP HOLDINGS INC.'s debt ratio?

FORTE GROUP HOLDINGS INC.'s debt ratio is 102.1% 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 57.5%.

What are FORTE GROUP HOLDINGS INC.'s key financial metrics?

FORTE GROUP HOLDINGS INC. has a market capitalization of $6M, and revenue of $81,361.

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.