Is Tilray Brands, Inc. (TLRY) Halal?

NASDAQ Healthcare Canada $736M
✗ NOT HALAL
Confidence: 90/100
Tilray Brands, Inc. (TLRY) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 39.1% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Tilray Brands, Inc. operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from May 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 39.1%
/ 30%
30.5%
/ 30%
14.5%
/ 30%
1.39%
/ 5%
✗ NOT HALAL
DJIM 39.1%
/ 33%
30.5%
/ 33%
14.5%
/ 33%
1.39%
/ 5%
✗ NOT HALAL
MSCI 15.8%
/ 33%
12.4%
/ 33%
5.9%
/ 33%
1.39%
/ 5%
✓ HALAL
S&P 39.1%
/ 33%
30.5%
/ 33%
14.5%
/ 33%
1.39%
/ 5%
✗ NOT HALAL
FTSE 15.8%
/ 33%
12.4%
/ 33%
5.9%
/ 50%
1.39%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-23.53
P/B Ratio
0.4
EV/EBITDA
31.5
EV: $731M
Revenue
$821M
Growth: 3.1%
Beta
2.1
High volatility
Current Ratio
2.8

Profitability

Gross Margin 28.0%
Operating Margin -9.1%
Net Margin -251.7%
Return on Equity (ROE) -84.1%
Return on Assets (ROA) -1.5%

Cash Flow & Balance Sheet

Operating Cash Flow-$95M
Free Cash Flow-$128M
Total Debt$329M
Debt-to-Equity20.7
Current Ratio2.8
Total Assets$2.1B

Price & Trading

Last Close$6.54
50-Day MA$7.58
200-Day MA$9.54
Avg Volume3.9M
Beta2.1
52-Week Range
$3.50
$23.20

About Tilray Brands, Inc. (TLRY)

CEO
Mr. Irwin David Simon
Employees
2,842
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Country
Canada
Exchange
NASDAQ
Market Cap
$736M
Currency
USD

Tilray Brands, Inc., a lifestyle consumer products company, engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, the Middle East, Africa, and internationally. The company operates through four segments: Beverage, Cannabis, Distribution, and Wellness. It also offers medical and adult-use cannabis products; resells and distributes pharmaceutical and wellness products; and produces, markets, and sells beverage products, and hemp-based food products. In addition, the company provides entertainment products. It offers its products under the Tilray, Aphria, Broken Coast, Symbios, Navcora, Tilray Craft, Charlotte's Web, Montauk Brewing, Shock Top, 10 Barrell, Breckenridge Brewery, SweetWater Brewing, Breckenridge Distillery, Blue Point Brewing, Broken Coast, Redecan, XMG, Manitoba Harvest, CC Pharma, Good Supply, Solei, Mollo, Chowie Wowie, Original Stash, Canaca, RIFF, Tilray Medical, Bake Sale, The Batch, HEXO, Alpine Beer Company, Green Flash, Cruisies, Atwater Brewery, Hiball Energy, Liquid Love, Hop Valley Brewing, Redhook Brewery, Revolver Brewing, Square Mile Cider, Mock One, Widmer Brothers Brewing, Runner's High Brewing Company, SweetWater Brewing Company, Terrapin Beer Co., Happy Flower, Fizzy Jane's, Herb & Bloom, 420 Fizz, and Fresh Hemp Foods brands. The company sells its products to retailers, wholesalers, patients, physicians, hospitals, pharmacies, researchers, and governments, as well as direct to consumers. The company was formerly known as Tilray, Inc. and changed its name to Tilray Brands, Inc. in January 2022. Tilray Brands, Inc. is headquartered in Leamington, Canada.

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Frequently Asked Questions

Is Tilray Brands, Inc. (TLRY) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Tilray Brands, 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 Tilray Brands, Inc.'s debt ratio?

Tilray Brands, Inc.'s debt ratio is 39.1% 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 15.8%.

What are Tilray Brands, Inc.'s key financial metrics?

Tilray Brands, Inc. has a market capitalization of $736M, and revenue of $821M. The company maintains a gross margin of 28.0% and a net margin of -251.7%. Return on equity stands at -84.1%.

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.