Is Grove Collaborative Holdings, Inc. GROV stock halal to invest in?

Yes, as of August 2026, Grove Collaborative Holdings, Inc. stock (GROV) is classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. Grove Collaborative Holdings, Inc. currently passes all four AAOIFI financial screens: non-permissible income remains below 5% of total revenue, interest-bearing investments and interest-bearing debt each remain below 30% of market capitalisation, and the company has no impermissible preference share structure. The stock's current purification factor is 100%. Compliance is reassessed every month as updated screening data arrives, and a stock's status can change when new financial reports are released. You can always check the current status of Grove Collaborative Holdings, Inc. and explore other Shariah compliant stocks in the Tabadulat app.

How often is Grove Collaborative Holdings, Inc. GROV reviewed for Shariah compliance?

Tabadulat reviews Grove Collaborative Holdings, Inc. GROV for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Grove Collaborative Holdings, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Grove Collaborative Holdings, Inc. GROV pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Grove Collaborative Holdings, Inc. stock (GROV) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Grove Collaborative Holdings, Inc.'s income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Grove Collaborative Holdings, Inc. GROV pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Grove Collaborative Holdings, Inc. stock (GROV) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Grove Collaborative Holdings, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Grove Collaborative Holdings, Inc. GROV pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Grove Collaborative Holdings, Inc. stock (GROV) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. Grove Collaborative Holdings, Inc.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Grove Collaborative Holdings, Inc. GROV stock?

As of August 2026, the dividend purification factor for Grove Collaborative Holdings, Inc. (GROV) is 100%. Purification (tazkiyah) is the practice of donating to charity the portion of dividend income attributable to incidental non-permissible sources, typically interest earned on a company's cash, and AAOIFI methodology requires it even for fully compliant stocks. The purification factor is the figure halal investors use to work out that donation on Grove Collaborative Holdings, Inc. dividends. It is recalculated with each monthly screening as new financial data arrives, and the Tabadulat app can help you calculate and track purification across your whole portfolio.

Does Grove Collaborative Holdings, Inc. GROV pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Grove Collaborative Holdings, Inc. stock (GROV) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Grove Collaborative Holdings, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Grove Collaborative Holdings, Inc.

NYSE

Shariah-Compliant

Not Shariah

GROV

About

Grove Collaborative Holdings, Inc.

GROV

Grove Collaborative Holdings, Inc. operates as an e-commerce health and wellness retailer, specializing in sustainable and environmentally-friendly household products. Founded with a mission to help consumers make the transition to green personal care and cleaning products, the company offers a curated selection of eco-conscious brands and its proprietary line of products. Grove Collaborative focuses on the retail distribution of goods that minimize the environmental footprint, ensuring product offerings are free from harmful chemicals and feature sustainable packaging. Its broad catalog includes categories such as personal care, household cleaning, and home goods, impacting sectors that prioritize sustainability and eco-friendliness. By operating predominantly online, Grove Collaborative is capitalizing on the growing digital commerce trend while addressing increasing consumer demand for green products. The company plays a vital role in raising awareness about sustainable living and continues to lead in the e-commerce space by providing accessible eco-friendly solutions to households across the United States.

Sector:

Consumer Defensive

Industry:

Household & Personal Products

Employees:

339

Website:

https://www.grove.co

GROV

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Grove Collaborative Holdings, Inc.

About

Grove Collaborative Holdings, Inc.

GROV

Frequently asked questions

Is Grove Collaborative Holdings, Inc. GROV stock halal to invest in?

How often is Grove Collaborative Holdings, Inc. GROV reviewed for Shariah compliance?

Does Grove Collaborative Holdings, Inc. GROV pass the AAOIFI Non Permissible Income criteria?

Does Grove Collaborative Holdings, Inc. GROV pass the AAOIFI Interest Bearing Investments criteria?

Does Grove Collaborative Holdings, Inc. GROV pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Grove Collaborative Holdings, Inc. GROV stock?

Does Grove Collaborative Holdings, Inc. GROV pass the AAOIFI Preference Share screen?

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