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Shariah compliance overview

Not Halal

GrowGeneration Corp. (GRWG) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

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.

GrowGeneration Corp. (GRWG) operates in the Consumer Cyclical sector, in the Specialty Retail industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing securities and assets.

Business Activity
0.57%Limit 5%Pass
Interest-bearing debt
5.75%Limit 30%Pass
Interest-bearing securities and assets
41.01%Limit 30%Fail
Dividend purification
0.57%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about GrowGeneration Corp. (GRWG). Current Akinda screening label: Not Halal.