Grove Collaborative Holdings, Inc.

GROV: Is Grove Collaborative Holdings, Inc. Halal?

Grove Collaborative Holdings, Inc.

NYSEConsumer DefensiveUS

$0.98

+6.32%

Market Cap: 41.1M

Compliance Status

Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

B

Acceptable

68Score

Is Grove Collaborative Holdings, Inc. (GROV) halal? Halal. Based on AAOIFI screening, Grove Collaborative Holdings, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 68/100 (Grade: B).

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

18.2% of 30.0% limit

What this means for you

You can own GROV

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened GROV's prohibited income, but the exact share you would need to purify is part of Pro.

About Grove Collaborative Holdings, Inc.

Grove Collaborative Holdings, Inc., headquartered in San Francisco, California, operates as a purveyor of consumer goods across the United States, with a core focus on plastic neutrality. The company supplies a diverse range of items for domestic use, including cleaning supplies, personal hygiene products, laundry essentials, environmentally conscious beauty items, and merchandise for infants and pets.

Sector: Consumer Defensive · Industry: Household & Personal Products

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

Tracked since Aug 2026. Updates automatically on each re-screen.

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Grove Collaborative Holdings, Inc. (GROV) halal to invest in?
Based on AAOIFI Standard 21 screening, Grove Collaborative Holdings, Inc. (GROV) is rated Halal with a compliance grade of B (Acceptable). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Grove Collaborative Holdings, Inc. get a B compliance rating?
Grove Collaborative Holdings, Inc. (GROV) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 18.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Grove Collaborative Holdings, Inc.'s Shariah verdict?
Grove Collaborative Holdings, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Grove Collaborative Holdings, Inc. re-screened for Shariah compliance?
Grove Collaborative Holdings, Inc. (GROV) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 26, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

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.