What is GrowGeneration Corp.'s Shariah compliance score?

GrowGeneration Corp.'s (GRWG) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does GrowGeneration Corp. pass AAOIFI screening?

GrowGeneration Corp. (GRWG) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (GRWG: 28.7%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for GrowGeneration Corp. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for GrowGeneration Corp. (GRWG) using the latest financial data.

Where can I screen GrowGeneration Corp. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for GrowGeneration Corp. (GRWG) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about GRWG's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

GRWG: Is GrowGeneration Corp. Halal?

GrowGeneration Corp.

NASDAQConsumer CyclicalUS

$1.71

-1.16%

Market Cap: 102.8M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is GrowGeneration Corp. (GRWG) halal? Not Halal. Based on AAOIFI screening, GrowGeneration Corp. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

28.7% of 30.0% limit

What this means for you

Most scholars advise not holding GRWG

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About GrowGeneration Corp.

GrowGeneration Corp., through its subsidiaries, operates as a developer, marketer, retailer, and distributor of products for both indoor and outdoor hydroponic and organic gardening in the United States. It operates in two segments, Cultivation and Gardening, and Storage Solutions. The company sells hydroponic and organic gardening related products, including nutrients, additives, growing media, lighting, environmental control systems, and other products for indoor and outdoor cultivation through hydroponic retail locations, commercial sales, wholesale, and an online platform at growgeneration.com under the Charcoir, Drip Hydro, Power Si, Ion lights, The Harvest Company, Viagrow, and other brands. It also provides customized storage solutions, such as high-density mobile storage systems, and static shelving, as well as other accessories such as desks, lockers, safes, and secured storage; and various services, including site surveys, floor plan designs, capacity analysis, seismic calculations, permitting, and installation under the Mobile Media or MMI brand for agriculture, retail, warehousing, office and administrative, food service, hospitality, golf and country clubs, and other markets. The company was formerly known as Easylife Corp. GrowGeneration Corp. was founded in 2008 and is based in Greenwood Village, Colorado.

Sector: Consumer Cyclical · Industry: Specialty Retail

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Not 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

Halal Alternatives in Consumer Cyclical

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

0380.KLA+

Aquawalk Group Berhad

$0.17

+0.03%

0393.KLA+

Teamstar Berhad

$0.25

+0.00%

3573.KLA+

Lien Hoe Corporation Berhad

$0.11

+0.00%

3891.KLA+

Malayan United Industries Berhad

$0.05

+0.00%

5336.KLA+

CUCKOO International (MAL) Berhad

$0.41

+0.01%

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B+

BKNG

Booking Holdings Inc.

C+

LOW

Lowe's Companies, Inc.

Free · No credit card required

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Frequently Asked Questions

Is GrowGeneration Corp. (GRWG) halal to invest in?

GrowGeneration Corp. (GRWG) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did GrowGeneration Corp. get a F compliance rating?

GrowGeneration Corp. (GRWG) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 28.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change GrowGeneration Corp.'s Shariah verdict?

GrowGeneration Corp.'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 GrowGeneration Corp. re-screened for Shariah compliance?

GrowGeneration Corp. (GRWG) 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.