Is Natural Grocers by Vitamin Cottage, Inc. (NGVC) halal? Halal. Based on AAOIFI screening, Natural Grocers by Vitamin Cottage, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 82/100 (Grade: A).

Natural Grocers by Vitamin Cottage, Inc. logo

NGVC — Is Natural Grocers by Vitamin Cottage, Inc. Halal?

Halal

Natural Grocers by Vitamin Cottage, Inc.

NYSEConsumer DefensiveUS

$28.76

+1.17%

Shariah Compliance Status

Based on AAOIFI screening standards

A

Very Good

Strong compliance across all metrics

82Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Peripheral exposure (still halal — purify this share)
3.0%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

  • Grocery Stores: estimated 3.0% peripheral exposure (AAOIFI industry average)
  • Contains reference to: beer
  • Contains reference to: wine

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap0.0% / 30.0%
Screened: May 30, 2026Fiscal: 2026-2026-Q2Source: FMP

Purify Your NGVC Dividends

0.3% non-compliant income

NGVC has 0.3% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

662.7M

Price

$28.76

Sector

Consumer Defensive

Industry

Grocery Stores

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Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.