Is Pet Valu Holdings (PET.TO) stock halal?
Screened against AAOIFI Shari’ah Standard 21
Not settled. Pet Valu Holdings (PET.TO) could not be confirmed either way under the AAOIFI Shari’ah Standard 21 screen. The interest-bearing debt test couldn’t be settled: The figures give 15.9% and 44.3%, on either side of the limit. Includes lease liabilities that may be ordinary rent, which AAOIFI does not count as borrowing. We show this as Needs Review rather than guess. Last checked 30 September 2026.
Pet Valu Holdings needs further review under Halal / Islamic guidelines
AAOIFI Shari’ah Standard 21 Financial Audit
Figures from the latest annual report (the SEC filing or, for European companies, the ESEF annual report, where one exists, checked against Yahoo Finance) and a 36-month average market value.
| Test | Standard Limit | Actual Figure | Status |
|---|---|---|---|
| Main business | — | — | Pass |
| Interest-bearing debt | 30% | 44.26% | Review |
| Cash and interest-bearing investments | 30% | 1.97% | Pass |
| Prohibited income | 5% | — | Review |
| Not just cash and debts | 90% | 6.49% | Pass |
Key Findings & Observations
- The interest-bearing debt test couldn’t be settled: The figures give 15.9% and 44.3%, on either side of the limit. Includes lease liabilities that may be ordinary rent, which AAOIFI does not count as borrowing.Source: AAOIFI Shari'ah Standard 21
- The prohibited income test couldn’t be settled: Yahoo reports interest income of CA$10.6M, more than the company’s cash, investments and receivables could earn at 10% (CA$6.7M), so that figure was set aside. So the income test can’t be settled.Source: AAOIFI Shari'ah Standard 21
Get an email when verdicts change
One email a month. No spam, unsubscribe any time.
Frequently Asked Questions about Pet Valu Holdings Ltd. (PET.TO)
Is Pet Valu Holdings (PET.TO) stock halal?▾
Not settled. Pet Valu Holdings (PET.TO) could not be confirmed either way under the AAOIFI Shari’ah Standard 21 screen. The interest-bearing debt test couldn’t be settled: The figures give 15.9% and 44.3%, on either side of the limit. Includes lease liabilities that may be ordinary rent, which AAOIFI does not count as borrowing. We show this as Needs Review rather than guess. Last checked 30 September 2026.
What is Pet Valu Holdings's debt ratio under Islamic finance standards?▾
Under AAOIFI Shari’ah Standard 21, interest-bearing debt must stay under 30% of a company's 36-month average market value. Pet Valu Holdings's ratio is about 44.3%.
How much dividend purification is required for Pet Valu Holdings (PET.TO) stock?▾
No purification is required for Pet Valu Holdings based on its latest annual report.
Does Pet Valu Holdings operate in prohibited business activities?▾
AAOIFI Shari’ah Standard 21 excludes companies whose main business is prohibited, such as alcohol, pork, gambling, conventional interest-based finance and adult entertainment. Pet Valu Holdings's main business is checked against these. For companies that file with the US SEC, revenue by division is also read from the filing, so a division in a prohibited business is counted. Where the check cannot be settled, the result is shown as Needs Review rather than guessed.
Other Halal & Shariah-compliant Consumer Cyclical Stocks
Explore other screened equities in the Consumer Cyclical sector.
Track your entire portfolio for Halal / Islamic compliance
Check whether your stocks, ETFs, and 401(k) holdings comply with AAOIFI Shari’ah Standard 21. Save stocks and keep every holding’s verdict in one place.