Is Black Dragon Gold Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Black Dragon Gold Corp (BDG.AX) is currently classified as HALAL as of April 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 Black Dragon Gold Corp 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 Black Dragon Gold Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Black Dragon Gold Corp?

Muslim investors may consider investing in Black Dragon Gold 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.

Why is Black Dragon Gold Corp classified as HALAL?

Musaffa determines the Shariah status of Black Dragon Gold Corp 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 Black Dragon Gold Corp updated?

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

Can a halal stock like Black Dragon Gold Corp 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 Black Dragon Gold Corp?

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

BDG.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: April 09, 2025

Report Source: 2024 Annual Report

Black Dragon Gold Corp. Stock Analysis BDG.AX

Australia Materials Nano Cap Report: 2024 Annual

Black Dragon Gold Corp. engages in the acquisition, exploration, and evaluation of mining assets. The firm is engaged in the acquisition, exploration of exploration and evaluation assets located in Spain and Australia. The firm owns 100% of the Salave gold project in the Asturias region of Spain, through its wholly owned subsidiary Exploraciones Mineras del Cantabrico S.L. (EMC). Salave Gold Project is comprised of five mining concessions and associated extensions covering approximately 662 hectares and a contiguous investigative permit covering another 2665 hectares. The Company, through Marlee Gold Pty Ltd, holds approximately 115 square kilometers (km2) Ivan Well tenement (E69/3818) further north-east towards Wiluna in the northern Goldfields, which offers early-stage exploration potential for untested gold anomalism.

Key Statistics of Black Dragon Gold Corp (BDG.AX)

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

Today's Range

AUD0.27AUD0.32

Today's Open

AUD0.31

Volume

1.37M

P/E Ratio (TTM)

52 Week Range

AUD0.04AUD0.12

Market Cap

8.14M

Avg. Volume

35.39K

Dividend Yield

Financial Metrics & Statements of Black Dragon Gold Corp (BDG.AX)

FAQ's for Black Dragon Gold Corp (BDG.AX)

According to Musaffa’s Shariah screening methodology, Black Dragon Gold Corp (BDG.AX) is currently classified as HALAL as of April 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.