GLG – Glg Life Tech Corp

Not Compliant

Glg Life Tech Corp is not Shariah Compliant because it fails the financial ratios.

GLG Life Tech Corporation is a producer of stevia extract and monk fruit extract. The Company specializes in the research and development, growing, refining and production of natural sweeteners for distribution to the global food and beverage industry. The Company’s business operates through the Natural Sweeteners Products segment. The Natural Sweeteners Products segment is the manufacturing and sales of refined forms of stevia and monk fruit, which has operations in China and North America. Its retail business includes Sweet Time Stevia Extract and Sweet Time Sucralose. This portfolio provides customers with unparalleled zero calorie sweetener options and custom formulations tailored to its customers’ specific calorie reduction needs. Its stevia products line includes RebPure, TasteBoost, BevSweet and BakeZeroCal. Its Monk fruit products line include Monk Sweet and Monk Gold. The Company’s products also include REB M GOLD. Its subsidiary is Anhui Runhai Biotechnology Co., Ltd.

AAOIFI ✗

Debt ÷ Market cap (MC)6018.2
Non-Compliant Assets ÷ MC5.52

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