Curaleaf Holdings, Inc. (CURLF) - Not Halal (Non-Compliant)
Curaleaf Holdings, Inc. (CURLF) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Result
- Doubtful
- Reason
- This company requires further review: description contains keywords that may indicate non-permissible activities: cannabis. The sector "Healthcare" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 45.4% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 4.7% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.1% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.05%.Based on the company's financial statements, approximately 0.05% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.05% of total income). Some scholars may differ on the exact calculation method.
About Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. engages in the retail and wholesale of cannabis products in the United States and internationally. The company operates licensed cultivation; and pharma-grade cannabis processing and manufacturing facilities. It also supplies cannabis on a wholesale basis to Australia, New Zealand, the United Kingdom and various European countries, including Germany, Italy, Poland, the Czech Republic, Switzerland, Sweden and Norway. In addition, the company operates a medical cannabis clinic and holds a pharmacy license. It serves the medical and adult-use cannabis markets through retail and wholesale channels. The company is based in Stamford, Connecticut.
Frequently Asked Questions
Is Curaleaf Holdings, Inc. (CURLF) stock halal to invest in?
According to AAOIFI Shariah screening standards, Curaleaf Holdings, Inc. (CURLF) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

