Village Farms International, Inc.

VFF: Is Village Farms International, Inc. Halal?

Village Farms International, Inc.

NASDAQConsumer DefensiveCA

$2.04

+1.75%

Market Cap: 248.5M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Village Farms International, Inc. (VFF) halal? Not Halal. Based on AAOIFI screening, Village Farms International, 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

Well clear of the limit

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

14.4% of 30.0% limit

What this means for you

Most scholars advise not holding VFF

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Village Farms International, Inc.

Village Farms International, Inc. cultivates, markets, and distributes greenhouse-grown produce, including tomatoes, bell peppers, and cucumbers, across North America. The company operates through four primary divisions: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. In addition to its agricultural activities, it owns and manages an energy facility that generates and sells electricity while supplying thermal heat to British Columbia Hydro and Power Authority. Village Farms also produces and provides cannabis products to licensed suppliers and provincial governments both within Canada and globally. In the United States, its focus is on developing and selling health and wellness items derived from cannabinoids, such as ingestibles, edibles, and topical applications. Its offerings, encompassing both internally grown produce and products acquired through exclusive agreements with other greenhouse cultivators, are sold under the Village Farms brand to retail supermarkets and fresh food distribution companies. Founded in 1989, the company adopted its current name, Village Farms International, Inc., in December 2009, having previously been known as Village Farms Canada Inc. Its headquarters are situated in Delta, Canada.

Sector: Consumer Defensive · Industry: Agricultural Farm Products

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Doubtful

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR

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Frequently Asked Questions

Is Village Farms International, Inc. (VFF) halal to invest in?
Village Farms International, Inc. (VFF) 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 Village Farms International, Inc. get a F compliance rating?
Village Farms International, Inc. (VFF) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 14.4% (limit 30%); interest-bearing deposits of 32.7% (limit 30%); prohibited income of 0.19% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Village Farms International, Inc.'s Shariah verdict?
Village Farms International, 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 Village Farms International, Inc. re-screened for Shariah compliance?
Village Farms International, Inc. (VFF) 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.