Applied Graphite Technologies Corp. engages in the exploration, development, and identification of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2021-11-26. The Company’s principal business activity is the exploration and evaluation of mineral assets. The firm is engaged in developing the Queens Mine Complex in Sri Lanka. The firm owns a 90% ownership interest in C-Tech Ceylon (Private) Limited, which owns 100% of the mineral rights to the Queen’s Mine Complex which consists of the Queen’s Mine, D1 and Q2 properties. The Dodangaslanda Graphite Project properties are located in the North-Western Province of Sri Lanka at Maduragoda, Dodangaslanda in the Kurunegala District, approximately 90 kilometers from the capital city of Colombo. The company has historical workings and vein graphite outcrops. Vein graphite is naturally high grade (+95% carbon content in the ground) and does not require primary processing. Testing of vein graphite in lithium-ion battery anodes has shown high capacities, performing better than synthetic graphite.
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As of August 2026, Applied Graphite Technologies Corp AGRTF is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Applied Graphite Technologies Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Applied Graphite Technologies Corp if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Applied Graphite Technologies Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Applied Graphite Technologies Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Applied Graphite Technologies Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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