Is Alma Gold Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Alma Gold Inc (ALMA.CN) is currently classified as NOT HALAL as of July 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 Alma Gold 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 Alma Gold Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Alma Gold Inc?

Muslim investors may consider investing in Alma Gold 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 Alma Gold Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Alma Gold 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 Alma Gold Inc updated?

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

Can a halal stock like Alma Gold 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 Alma Gold Inc?

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

ALMA.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 16, 2025

Report Source: 2025 1st Quarter Report

Alma Gold Inc. Stock Analysis ALMA.CN

Canada Materials Nano Cap Report: Q1, 2025

Alma Gold, Inc. engages in the acquisition and exploration of mineral property assets. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2020-12-10. The Company, through its subsidiary, Karita Gold Corp. is exploring the Karita West Project in northern Guinea, the Dialakoro project permits under application in the Siguiri Basin of Guinea. The Karita Gold Project in Guinea and located in one of the prolific gold exploration and production regions in West Africa. The Karita Project is approximately 392.1 square kilometers (km2) in size and located west of the gold-rich Senegal-Mali Shear Zone (SMSZ) and adjacent to IAMGOLD’s Karita permit area. Its ongoing exploration program includes an extensive termite mound sampling program and planned follow-up air core and diamond drilling. The Dialakoro Gold Project is located along the gold-endowed Sanankoro-Kobada-Niaouleni structural corridor extending into northern Guinea from southern Mali.

Key Statistics of Alma Gold Inc (ALMA.CN)

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

Today's Range

CAD0.12CAD0.12

Today's Open

CAD0.12

Volume

1300.00

P/E Ratio (TTM)

52 Week Range

CAD0.06CAD0.18

Market Cap

8.08M

Avg. Volume

46.36K

Dividend Yield

Financial Metrics & Statements of Alma Gold Inc (ALMA.CN)

FAQ's for Alma Gold Inc (ALMA.CN)

According to Musaffa’s Shariah screening methodology, Alma Gold Inc (ALMA.CN) is currently classified as NOT HALAL as of July 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.