ROGERS SUGAR INC (RSI.TO) - Not Halal (Non-Compliant)
ROGERS SUGAR INC (RSI.TO) 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
- Consumer Defensive
- Industry
- Confectioners
- Result
- Pass
- Reason
- The sector "Consumer Defensive" and industry "Confectioners" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 50.1% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 0.5% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.Based on the company's financial statements, approximately 0.00% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.00% of total income). Some scholars may differ on the exact calculation method.
About ROGERS SUGAR INC
Rogers Sugar Inc. engages in refining, packaging, marketing, and distribution of sugar, maple syrup, and related products in Canada, the United States, Europe, and internationally. It operates through two segments: Sugar and Maple. The company offers white, white specialties, icing, yellow, liquid, nature raw, and brown sugar; and fine white granulated and table syrup. It also provides maple products, such as candies, spread, sugar, and flakes. It markets its products to industrial, consumer, liquid, and export product markets under the Lantic name in Eastern Canada and Rogers name in Western Canada. Rogers Sugar Inc. was founded in 1888 and is headquartered in Vancouver, Canada.
Frequently Asked Questions
Is ROGERS SUGAR INC (RSI.TO) stock halal to invest in?
According to AAOIFI Shariah screening standards, ROGERS SUGAR INC (RSI.TO) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does ROGERS SUGAR INC have any interest income?
ROGERS SUGAR INC's interest income ratio is 0.5% of total revenue. AAOIFI standards require this to be below 30%.

