Plantify Foods, Inc.

PTFY.V

Compliant
Exchange
Sector
Headquarters
Group
TSX
Consumer Non-Cyclicals
Canada
Micro Cap

Plantify Foods, Inc. is Shariah Compliant. It passes 6/5 Shariah standards we screen against.

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Impure Income*

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Purification*

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Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
0.09

Shariah Compliance

  • Updated on September 22, 2026
Debt
✓
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
✓
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
✓
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
✓
Cash
99.49%
✗
Cash & AR
99.49%
✗
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
✓
Cash
99.49%
✗
Cash & AR
99.49%
✗
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
-

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

Plantify Foods, Inc. is a Canada-based clean label food company. The Company produces a variety of convenient and easy solutions, and, with its proprietary process, it produces tasty, healthy and nutritious foods without the use of chemical preservatives and additives. The Company produces products for all levels of the food chain, from White Label, Professional Food Services, and Wholesale & Retail. It offers a selection of dips, salads and spreads that are great for snacking, sandwiches, and so much more. Its stews include Veggie Bolognese, Veggie Chili Non-Carne, and Veggie Thai Phat Kraphow. The Company offers veggie nuggets and balls with whole, fresh ingredients, which include Falafel, Chickpea & Sweet Corn, and Black Lentils & Dried Fruit. It also offers vegan soups with whole, fresh ingredients. It offers a selection of soups, including Italian Tomato Soup, Creamy Corn Soup, and Thick & Hearty Bean Soup.

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