Maple Leaf Foods Inc

MFI.TO

Not Compliant
Exchange
Sector
Headquarters
Group
The Toronto Stock Exchange
Consumer Non-Cyclicals
Canada

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

-

Impure Income*

$5.549

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
#N/A%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth

Shariah Compliance

  • Updated on July 21, 2026
Debt
32.8%
✗
Non-Compliant Assets
4.46%
✓
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
38.11%
✗
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
37.78%
✗
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
34.55%
✗
Cash
5%
✓
Cash & AR
8.27%
✓
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
34.55%
✗
Cash
5%
✓
Cash & AR
8.27%
✓
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-focused consumer packaged goods company producing food under brands including Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Mina, Greenfield Natural Meat Co., LightLife and Field Roast. It does business primarily in Canada, the United States and Asia. Its portfolio includes prepared meats, ready-to-cook and ready-to-serve meals, snack kits, value-added fresh 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.