Is Carlin Gold Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Carlin Gold Corp (CGD.V) 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 Carlin 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 Carlin Gold Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Carlin Gold Corp?

Muslim investors may consider investing in Carlin 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 Carlin Gold Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Carlin 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 Carlin Gold Corp updated?

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

Can a halal stock like Carlin 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 Carlin Gold Corp?

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

CGD.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 16, 2025

Report Source: 2025 1st Quarter Report

Carlin Gold Corp. Stock Analysis CGD.V

Canada Materials Nano Cap Report: Q1, 2025

Carlin Gold Corp. engages in the acquisition, development, and exploration of mineral properties. The company is headquartered in Vancouver, British Columbia. The firm is in the business of acquiring, exploring and developing mineral properties in Nevada and Yukon. The firm has three wholly owned properties in Nevada; two focused on Carlin-type gold targets, and a copper-gold skarn project. The firm owns a 100% interest in claims in the Cortez gold trend in Eureka County, Nevada. The Cortez Summit Property consists of about 142 unpatented claims and is centrally located on the Cortez Trend. The firm owns a 100% interest in the Ivy Property, a copper-gold property in northeastern Nevada, United States. The property consists of approximately 108 unpatented mining claims located within the Contact Mining District in northeastern Elko County, Nevada. Its Willow property is located in the northern Snake Mountains approximately, 30 miles north-northwest of the town of Wells, Nevada. The property lies within a potential new gold belt in northeastern Nevada.

Key Statistics of Carlin Gold Corp (CGD.V)

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

Today's Range

CAD0.72CAD0.72

Today's Open

CAD0.72

Volume

1500.00

P/E Ratio (TTM)

18.14

52 Week Range

CAD0.16CAD0.80

Market Cap

11.61M

Avg. Volume

11.67K

Dividend Yield

Financial Metrics & Statements of Carlin Gold Corp (CGD.V)

FAQ's for Carlin Gold Corp (CGD.V)

According to Musaffa’s Shariah screening methodology, Carlin Gold Corp (CGD.V) 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.