Is Abasca Resources Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Abasca Resources Inc (ABA.V) is currently classified as NOT HALAL as of May 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Abasca Resources Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Abasca Resources Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Abasca Resources Inc?

Muslim investors may consider investing in Abasca Resources Inc if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Abasca Resources Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Abasca Resources Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Abasca Resources Inc updated?

The Shariah compliance status of Abasca Resources Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Abasca Resources Inc become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Abasca Resources Inc?

You can check the latest Shariah compliance status of Abasca Resources Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

ABA.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 06, 2025

Report Source: 2025 3rd Quarter Report

Abasca Resources Inc. Stock Analysis ABA.V

Canada N/A Nano Cap Report: Q3, 2025

Abasca Resources, Inc. engages in the provision of acquisition and exploration of mineral property assets. The company is headquartered in Saskatoon, Saskatchewan. The company went IPO on 2019-12-12. The firm is primarily engaged in the acquisition and evaluation of mineral exploration properties. The firm owns the Key Lake South Project (KLS), over 23,977-hectares exploration project located in the Athabasca Basin Region in northern Saskatchewan, approximately 15 kilometers (km) south of the former Key Lake mine and current Key Lake mill. The KLS Project consists geological similarities and along strike of past Key Lake Mine with prospective conductors of over 50 km for potential uranium mineralization. KLS is also host to the Loki Flake Graphite Deposit in the northern part of the project area.

Key Statistics of Abasca Resources Inc (ABA.V)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

CAD0.10CAD0.10

Today's Open

CAD0.10

Volume

2244.00

P/E Ratio (TTM)

52 Week Range

CAD0.04CAD0.12

Market Cap

12.30M

Avg. Volume

87.97K

Dividend Yield

Financial Metrics & Statements of Abasca Resources Inc (ABA.V)

FAQ's for Abasca Resources Inc (ABA.V)

According to Musaffa’s Shariah screening methodology, Abasca Resources Inc (ABA.V) is currently classified as NOT HALAL as of May 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.