Is SNDL Inc. (SNDL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Beverages - Wineries & Distilleries | ✗ NOT HALAL | |||
| DJIM | Excluded — Beverages - Wineries & Distilleries | ✗ NOT HALAL | |||
| MSCI | Excluded — Beverages - Wineries & Distilleries | ✗ NOT HALAL | |||
| S&P | Excluded — Beverages - Wineries & Distilleries | ✗ NOT HALAL | |||
| FTSE | Excluded — Beverages - Wineries & Distilleries | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 27.3% | |
| Operating Margin | 4.1% | |
| Net Margin | -1.7% | |
| Return on Equity (ROE) | -1.4% | |
| Return on Assets (ROA) | -0.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $71M |
| Free Cash Flow | $58M |
| Total Debt | $170M |
| Debt-to-Equity | 15.4 |
| Current Ratio | 4.9 |
| Total Assets | $1.3B |
Price & Trading
| Last Close | $1.33 |
| 50-Day MA | $1.51 |
| 200-Day MA | $1.82 |
| Avg Volume | 1.6M |
| Beta | 0.8 |
|
52-Week Range
$1.15
| |
About SNDL Inc. (SNDL)
SNDL Inc. engages in the production, distribution, and sale of cannabis products for the adult-use market in Canada and internationally. It operates through four segments: Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments. The company engages in the cultivation, distribution, and sale of cannabis for the adult-use and medical markets; sale of wines, beers, and spirits through liquor stores under the Wine and Beyond, Ace Liquor, and Liquor Depot retail banners; and private sale of adult-use cannabis products and accessories through its corporate-owned, controlled, and franchised retail cannabis stores. It also produces and distributes flower, pre-rolls, and vapes, as well as offers financial services; and provision of proprietary cannabis processing services. It offers its products under the Top Leaf, Contraband, Palmetto, Bon Jak, La Logue, Versus, Grasslands, Pearls by Grön, No Future, and Bhang Chocolate brands. The company was formerly known as Sundial Growers Inc. and changed its name to SNDL Inc. in July 2022. SNDL Inc. was incorporated in 2006 and is headquartered in Edmonton, Canada.
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Frequently Asked Questions
Is SNDL Inc. (SNDL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SNDL 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 SNDL Inc.'s debt ratio?
SNDL Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are SNDL Inc.'s key financial metrics?
SNDL Inc. has a market capitalization of $340M, and revenue of $946M. The company maintains a gross margin of 27.3% and a net margin of -1.7%. Return on equity stands at -1.4%.
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.