Lassonde Industries Inc

LASa.TO

Not Compliant
Exchange
Sector
Headquarters
Group
Canada
Small cap

Lassonde Industries Inc is not Shariah Compliant because of its involvement in Alcohol and related activities.

0.00%

Impure Income*

-

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Small cap
BUY
$184.63
$167.91
$199.90
4
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
18.85%
7.38%
4.39%
0.59
1.52
41.55%

Shariah Compliance

  • Updated on October 23, 2025
Debt
45.87%
✗
Non-Compliant Assets
0.41%
✓
Impure Income
0.00%
✓

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
63.71%
✗
Impure Income
0.00%
✓

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
56.43%
✗
Impure Income
0.00%
✓

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
28.02%
✓
Cash
1.67%
✓
Cash & AR
12.71%
✓
Impure Income
0.00%
✓

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
28.02%
✓
Cash
1.67%
✓
Cash & AR
12.71%
✓
Impure Income
0.00%
✓

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
0.00%

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

Lassonde Industries Inc. is a Canada-based food and beverages company. The Company develops, manufactures, and markets a range of nationally branded and private label products, including fruit juices and drinks, specialty food products, and fruit-based snacks. It also manufactures and markets cranberry sauces as well as selected wines, ciders and other alcoholic beverages. Altogether, the Company distributes over 3,500 varied products in approximately 200 formats across shelf-stable, chilled, and frozen categories. The Company’s go-to-market strategy consists of retail sales to food retailers and wholesalers such as supermarket chains, independent grocers, superstores, warehouse clubs, convenience stores, and major pharmacy chains; and food service sales to restaurants, hotels, hospitals, schools, and wholesalers serving these institutions. The Company operates approximately 19 plants located in Canada and the United States.

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