What is High Tide Inc.'s Shariah compliance score?

High Tide Inc.'s (HITI) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does High Tide Inc. pass AAOIFI screening?

High Tide Inc. (HITI) 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% (HITI: 47.6%), (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 High Tide Inc. 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 High Tide Inc. (HITI) using the latest financial data.

Where can I screen High Tide Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for High Tide Inc. (HITI) 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 HITI's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

HITI: Is High Tide Inc. Halal?

High Tide Inc.

NASDAQHealthcareCA

$2.57

+4.47%

Market Cap: 225.8M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is High Tide Inc. (HITI) halal? Not Halal. Based on AAOIFI screening, High Tide Inc. 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

Over the limit

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

47.6% of 30.0% limit

What this means for you

Most scholars advise not holding HITI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About High Tide Inc.

High Tide Inc. primarily operates as a prominent cannabis retailer with a significant presence across Canada, Europe, the United States, and other international markets. Beyond its retail footprint, the company is actively involved in the design, manufacturing, and distribution of smoking accessories and a variety of cannabis lifestyle products. Its operations encompass both the wholesale and direct-to-consumer retailing of cannabis goods, achieved through both company-operated and franchised licensed retail outlets. Diversifying its revenue streams, High Tide Inc. also provides specialized data analytics services and manages two key e-commerce platforms: Grasscity.com and CBDcity.com. As of August 4, 2022, the company managed an extensive network of 139 retail locations spanning Canadian provinces including Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. Established in 2009 and headquartered in Calgary, Canada, the entity initially operated as High Tide Ventures Inc. before formally adopting its current name, High Tide Inc., in October 2018.

Sector: Healthcare · Industry: Medical - Pharmaceuticals

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: FY 2025Data source: FMP

Halal Alternatives in Healthcare

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

RGCA+

Regencell Bioscience Holdings Limited

$5.02

-4.92%

0001.KLA+

Supercomnet Technologies Bhd

$0.52

-0.02%

0002.KLA+

Kotra Industries Bhd

$3.72

-0.00%

0101.KLA+

TMC Life Sciences Bhd

$0.45

+0.00%

0155.KLA+

Malaysian Genomics Resource Centre Bhd

$0.38

-0.01%

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Johnson & Johnson

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AbbVie Inc.

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Pfizer Inc.

LLY

Eli Lilly and Company

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MRK

Merck & Co., Inc.

Free · No credit card required

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Frequently Asked Questions

Is High Tide Inc. (HITI) halal to invest in?

High Tide Inc. (HITI) 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 High Tide Inc. get a F compliance rating?

High Tide Inc. (HITI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 47.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change High Tide Inc.'s Shariah verdict?

High Tide 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 High Tide Inc. re-screened for Shariah compliance?

High Tide Inc. (HITI) 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.