Is Pinnacle Food Group Ltd (PFAI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.7% / 30% | 2.8% / 30% | 13.2% / 30% | 3.93% / 5% | ✓ HALAL |
| DJIM | 0.7% / 33% | 2.8% / 33% | 13.2% / 33% | 3.93% / 5% | ✓ HALAL |
| MSCI | 2.9% / 33% | 12.2% / 33% | 56.8% / 33% | 3.93% / 5% | ✗ NOT HALAL |
| S&P | 0.7% / 33% | 2.8% / 33% | 13.2% / 33% | 3.93% / 5% | ✓ HALAL |
| FTSE | 2.9% / 33% | 12.2% / 33% | 56.8% / 50% | 3.93% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 52.8% | |
| Operating Margin | -103.4% | |
| Net Margin | -6.4% | |
| Return on Equity (ROE) | -5.0% | |
| Return on Assets (ROA) | -1.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $204,347 |
| Free Cash Flow | -$894,206 |
| Total Debt | $162,672 |
| Debt-to-Equity | 1.9 |
| Current Ratio | 5.8 |
| Total Assets | $6M |
Price & Trading
| Last Close | $2.43 |
| 50-Day MA | $2.28 |
| 200-Day MA | $2.20 |
| Avg Volume | 16K |
|
52-Week Range
$1.30
| |
About Pinnacle Food Group Ltd (PFAI)
Pinnacle Food Group Limited provides smart farming solutions for vertical and hydroponic farming. The company manufactures and sells hydroponic growing systems, which includes sensors, growing trays, racks for growing trays, growing baskets, light panels, and water tanks; and consumables, such as agricultural seeds, grow sponges, plastic planting baskets, and nutrient solutions, as well as technical and consultation support services to individual households, community groups and urban farms. It also provides advisory, agricultural data intelligence, controllable data applications that assist users to manage growing conditions, environmental design consulting, equipment installation, and agricultural technical supports. It sells its products through distributors in Canada and New Zealand. Pinnacle Food Group Limited was founded in 2015 and is based in Vancouver, Canada.
Purification Calculator
As a halal stock with 3.93% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Pinnacle Food Group Ltd (PFAI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Pinnacle Food Group Ltd is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Pinnacle Food Group Ltd's debt ratio?
Pinnacle Food Group Ltd's debt ratio is 0.7% 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 2.9%.
Does Pinnacle Food Group Ltd require dividend purification?
Yes, Pinnacle Food Group Ltd has an impermissible income ratio of 3.93%, which means 3.93% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Pinnacle Food Group Ltd's key financial metrics?
Pinnacle Food Group Ltd has a market capitalization of $31M, and revenue of $3M. The company maintains a gross margin of 52.8% and a net margin of -6.4%. Return on equity stands at -5.0%.
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.