ALUULA Composites Inc

AUUA.V

Compliant
Exchange
Sector
Headquarters
Group
Canada
Micro cap

ALUULA Composites Inc is Shariah Compliant. It passes 5/5 Shariah standards we screen against.

0.98%

Impure Income*

$0.001

Purification*

$0.002

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Micro cap
0
$0.00
$0.00
$0.00
0
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
12.15%
-38.15%
-41.41%
0.92
1.30
0.00%

Shariah Compliance

  • Updated on October 23, 2025
Debt
4.46%
✓
Non-Compliant Assets
0.00%
✓
Impure Income
0.98%
✓

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
6.10%
✓
Impure Income
0.98%
✓

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
5.14%
✓
Impure Income
0.98%
✓

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
11.41%
✓
Cash
13.39%
✓
Cash & AR
22.84%
✓
Impure Income
0.98%
✓

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
11.41%
✓
Cash
13.39%
✓
Cash & AR
22.84%
✓
Impure Income
0.98%
✓

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
0.98%

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

ALUULA Composites Inc. is a Canada-based company. The Company’s core business is the development, assembly, and sale of a broad range of composite materials within the performance outdoor and commercial industrial markets. The Company’s Aluula segment relates to the assembly and sale of soft composite materials for use in various applications and industries. The Aluula segment sells its materials to manufacturers and brand partners. The Company’s product fabrics include ALUULA Aeris, ALUULA Aeris X, ALUULA Durlyte, ALUULA Gold, and ALUULA Graflyte. Its Durlyte product is ideal for use in applications where abrasion resistance and extreme toughness are critical, for example in inflatable rafts. The Graflyte product is waterproof, ultraviolet (UV) resistant, and puncture resistant. Its windsports products include Airush Lift Team Kite, Eleveight XS Pro, Core Pace Pro, Core XR Pro, and others. The Company serves various markets, including windsports, outdoors, sailing, and commercial.

Ready to get started with halal investing? Open an Account Today!

Opening an account has never been easier! Please fill out the form here and an advisor will be in touch to walk you through the process!

Still have some further questions?

Schedule a Free Consultation