Is Buscar Co halal to invest in?

According to Musaffa's Shariah screening methodology, Buscar Co (CGLD) is currently classified as NOT HALAL as of January 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 Buscar Co 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 Buscar Co using these criteria to determine its compliance status.

Can Muslims buy shares of Buscar Co?

Muslim investors may consider investing in Buscar Co 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 Buscar Co classified as NOT HALAL?

Musaffa determines the Shariah status of Buscar Co 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 Buscar Co updated?

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

Can a halal stock like Buscar Co 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 Buscar Co?

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

CGLD Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 14, 2025

Report Source: 2025 2nd Quarter Report

Buscar Co. Stock Analysis CGLD

United States Materials Nano Cap Report: Q2, 2025

Buscar Co. engages in the business of breeding, selling and racing of stakes level thoroughbreds. The company is headquartered in Beverly Hills, California. The company went IPO on 2013-01-18. The Company, through its subsidiary, Eon Discovery, Inc., manages gold mining operations in California's Plumas National Forest. The firm has the exclusive rights, in perpetuity, to develop and mine on the approximately 10 unpatented mining claims that consist of the Treasure Canyon Lode Mine. The 10 mining claims cover approximately 200 acres of mineral deposits centered in the Lights Creek mining area. The lode claims encompass vein deposits of gold, silver, platinum group minerals, and other valuable minerals and placer deposits of gold, silver, and platinum. The firm oversees Terramer Inc., which specializes in hemp-based biodegradable bioplastics, and Armorgenix, which is a pharmaceutical company specializing in detoxification and antiviral solutions.

Key Statistics of Buscar Co (CGLD)

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

Today's Range

$0.11$0.12

Today's Open

$0.12

Volume

23.50K

P/E Ratio (TTM)

52 Week Range

$0.00$0.20

Market Cap

38.29M

Avg. Volume

108.03K

Dividend Yield

Financial Metrics & Statements of Buscar Co (CGLD)

FAQ's for Buscar Co (CGLD)

According to Musaffa’s Shariah screening methodology, Buscar Co (CGLD) is currently classified as NOT HALAL as of January 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.