Is Canadian Metals Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Canadian Metals Inc (CME.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 Canadian Metals 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 Canadian Metals Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Canadian Metals Inc?

Muslim investors may consider investing in Canadian Metals 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 Canadian Metals Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Canadian Metals 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 Canadian Metals Inc updated?

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

Can a halal stock like Canadian Metals 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 Canadian Metals Inc?

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

CME.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 15, 2025

Report Source: 2025 3rd Quarter Report

Canadian Metals Inc. Stock Analysis CME.CN

Canada N/A Nano Cap Report: Q3, 2025

Canadian Metals, Inc. engages in the supply of silica and silicon alloy in North America. The company is headquartered in Montreal, Quebec. The company went IPO on 2013-07-02. The firm holds 28,822 hectares of land in New Brunswick, Canada, the projects are within and bordering the prolific Bathurst Mining Camp (BMC). The properties cover a range of geological target types, including VMS style, structurally controlled gold, porphyry copper-gold-molybdenum, and skarn lead-zinc-copper-silver mineralization. The Company’s projects include Nicholas Denys Property, Goldstrike Property, Oxford Property, Mountain Brook Property, Sedex Property, and TV Tower Property. The Nicholas Denys Property is located near Bathurst and comprises 356 units held in two contiguous mineral claims encompassing 7,591 hectares (75.9 square kilometers (KM2)). Its Goldstrike Property comprises six contiguous mineral claims. Its Oxford Property comprises 169 units held in one mineral claim encompassing 3,667 ha.

Key Statistics of Canadian Metals Inc (CME.CN)

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

Today's Range

CAD0.26CAD0.29

Today's Open

CAD0.29

Volume

9500.00

P/E Ratio (TTM)

52 Week Range

CAD0.03CAD0.36

Market Cap

21.25M

Avg. Volume

4066.67

Dividend Yield

Financial Metrics & Statements of Canadian Metals Inc (CME.CN)

FAQ's for Canadian Metals Inc (CME.CN)

According to Musaffa’s Shariah screening methodology, Canadian Metals Inc (CME.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.