Maple Leaf Foods Inc

MFI.TO

Not Compliant
Exchange
Sector
Headquarters
Group
Canada
Mid cap

Maple Leaf Foods Inc is not Shariah Compliant because of its involvement in Meat Processing and related activities.

-

Impure Income*

-

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Mid cap
BUY
$28.30
$25.44
$30.53
7
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
8.52%
5.18%
1.97%
0.48
1.23
31.94%

Shariah Compliance

  • Updated on October 23, 2025
Debt
40.92%
✗
Non-Compliant Assets
1.35%
✓
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
57.38%
✗
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
58.15%
✗
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
39.50%
✗
Cash
6.33%
✓
Cash & AR
9.64%
✓
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
39.50%
✗
Cash
6.33%
✓
Cash & AR
9.64%
✓
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

Maple Leaf Foods Inc. is a Canada-based protein company producing food products under brands including Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Mina, Greenfield Natural Meat Co., LightLife and Field Roast. The Company does business primarily in Canada, the United States and Asia. The Company’s portfolio includes prepared meats, ready-to-cook and ready-to-serve meals, snack kits, value-added fresh pork and poultry, and plant protein products. Maple Leaf’s products include Maple Leaf Original Natural Bacon, Maple Leaf Prime Chicken, Maple Leaf Less Salt Natural Bacon, and Maple Leaf Lazy Maple Natural Bacon. Schneiders offers various products, including frozen breakfast, bacon, chicken, pepperettes, mini charcuterie kits, wieners, sausages, schnitzels, specialty sausages, sliced meats, meat pies, ham, bologna and deli. LightLife makes plant-based proteins. LightLife’s products include smart dogs, tempeh, smart bacon, smart sausage and plant-based deli.

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