Hempalta Corp

NPV.V

Compliant
Exchange
Sector
Headquarters
Group
Canadian Ventures Exchange
Consumer Non-Cyclicals
Canada

Hempalta Corp is Shariah Compliant. It passes 3/5 Shariah standards we screen against.

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Impure Income*

-

Purification*

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Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
#N/A%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth

Shariah Compliance

  • Updated on July 21, 2026
Debt
25.01%
✓
Non-Compliant Assets
✓
Impure Income

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
5.01%
✓
Impure Income

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
5.72%
✓
Impure Income

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
100%
✗
Cash
72.91%
✗
Cash & AR
97.19%
✗
Impure Income

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
100%
✗
Cash
72.91%
✗
Cash & AR
97.19%
✗
Impure Income

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

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Interest Income
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Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Hempalta Corp. is a Canada-based agricultural technology and climate-technology company. The Company is focused on harnessing the potential of hemp. Its products are made from hemp grown sustainably in Southern Alberta and process the hemp using a HempTrain Advanced Processing Plant at its production facility in Calgary. It is focused on producing a diverse range of hemp-based commercial and consumer products. Its consumer products include Hemp-Fresco, HempyCat, Animal Bedding, Hemp Garden Mulch, Biochar, Hemp Pak, and HempZorb. Its commercial products include Bast Fiber, Hurd, Micro Hurd, and Green Microfiber. The Company’s consumer products are sold and distributed through various retail channels. The Company, through Hemp Carbon Standard Inc. (HCS), creates and distributes HCS Carbon Certificates across various categories, including regenerative practices, and biomass burial, certifying the capture and long-term storage of carbon dioxide through sustainable hemp farming practices.