Simply Better Brands Corp

SBBC.V

Compliant
Exchange
Sector
Headquarters
Group
TSX
Healthcare
Canada
Micro cap

Simply Better Brands Corp is Shariah Compliant. It passes 4/5 Shariah standards we screen against.

-

Impure Income*

-

Purification*

$0.001

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Micro cap
STRONG BUY
$1.28
$1.28
$1.28
1
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
125.69%
-13.64%
-30.37%
0.30
0.53
0.00%

Shariah Compliance

  • Updated on April 14, 2025
Debt
7.88%
✓
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
17.48%
✓
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
15.74%
✓
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
33.15%
✓
Cash
22.39%
✓
Cash & AR
38.65%
✓
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
33.15%
✓
Cash
22.39%
✓
Cash & AR
38.65%
✗
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

-
-
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

Simply Better Brands Corp. is a Canada-based company, which offers an omnichannel platform with diversified assets in the emerging plant-based and holistic wellness consumer product categories. The Company is focused on informed Millennial and Generation Z generations in the rapidly growing plant-based, natural, and clean ingredient space. It focuses on expanding into consumer product categories, including plant-based food and clean ingredient skincare. It operates in one reportable segment, being the sale of consumer health and wellness products with sales principally generated from the United States. Its brands include TruBar, and No B.S. Skincare (No B.S.). The TruBar line of nutritious bars is sold across North America by various retailers in the club, convenience and grocery channels. It offers skin care products to consumers through its No B.S. brand.

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