HLF – High Liner Foods Inc

Not Compliant

High Liner Foods Inc is not Shariah Compliant because it fails the financial ratios.

High Liner Foods Incorporated is a Canada-based value-added frozen seafood company. The Company is a processor and marketer of value-added frozen seafood, producing a range of products from breaded and battered items to seafood entrees, which are sold to North American food retailers and foodservice distributors. In addition, it is a supplier of commodity products in the North American market. The Company’s retail channel includes grocery and club stores, and its products are sold throughout the United States and Canada under the High Liner, Fisher Boy, Mirabel, Sea Cuisine and Catch of the Day labels. The foodservice channel includes sales of seafood that is usually eaten outside the home and its branded products are sold through distributors to restaurants and institutions under the High Liner, Mirabel, Icelandic Seafood and FPI labels. It owns and operates over three food-processing plants located in Lunenburg, Nova Scotia, Portsmouth, New Hampshire, and Newport News, Virginia.

AAOIFI ✗

Debt ÷ Market cap (MC)79.01
Non-Compliant Assets ÷ MC0.55
Impure Income (incl. Interest)
Impure Income%
Interest Income%
Total%

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