SunOpta Inc.

STKL: Is SunOpta Inc. Halal?

SunOpta Inc.

NASDAQConsumer DefensiveUS

$6.50

+0.08%

Market Cap: 769.4M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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%.

48.4% of 30.0% limit

What this means for you

Most scholars advise not holding STKL

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About SunOpta Inc.

SunOpta Inc. (STKL), a global enterprise founded in 1973 and headquartered in Eden Prairie, Minnesota, specializes in the production and sale of a diverse array of plant-based and fruit-derived food and beverage products. The company caters to a broad customer base, encompassing retail chains, foodservice distributors, branded food manufacturers, and other food producers worldwide. (It was previously known as Stake Technology Ltd. before adopting the SunOpta Inc. name in October 2003.) The company's operations are divided into two key segments: 1. Plant-Based Foods and Beverages: This division provides an extensive range of plant-derived drinks and liquid or dry ingredients utilizing bases such as almond, soy, coconut, oat, and hemp. Its offerings also include broths, teas, and various nutritional beverages. Furthermore, this segment is involved in packaging dry-roasted and oil-roasted in-shell sunflower and sunflower kernels, as well as processing and marketing raw sunflower products (both in-shell and kernel) for both human food and animal feed applications. 2. Fruit-Based Foods and Beverages: This segment focuses on frozen fruit products. It supplies individually quick frozen (IQF) fruits like strawberries, blueberries, mangoes, pineapples, and other berry blends for retail distribution. Additionally, it offers IQF and bulk frozen fruits, including purées, toppings, and smoothies, for the foodservice industry, alongside custom fruit preparations tailored for industrial clients. This division also manufactures a variety of fruit snacks, such as bars, twists, ropes, and bite-sized items.

Sector: Consumer Defensive · Industry: Packaged Foods

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2026Data source: FMP

Halal Alternatives in Consumer Defensive

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Frequently Asked Questions

Is SunOpta Inc. (STKL) halal to invest in?
SunOpta Inc. (STKL) 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 SunOpta Inc. get a F compliance rating?
SunOpta Inc. (STKL) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 48.4% (limit 30%); interest-bearing deposits of 0.0% (limit 30%); prohibited income of 0.38% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change SunOpta Inc.'s Shariah verdict?
SunOpta 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 SunOpta Inc. re-screened for Shariah compliance?
SunOpta Inc. (STKL) 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: Jul 18, 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.