As of August 2026, Nickel 28 Capital Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Nickel 28 Capital Corp. Stock Analysis CONXF
United States Materials Micro Cap
Nickel 28 Capital Corp. is a base metals company, which engages in the provision of nickel and cobalt for battery, as well as focuses on investment services. The company is headquartered in Toronto, Ontario. The company went IPO on 2019-11-18. In addition, the Company manages a portfolio of 10 nickel and cobalt royalties on development and exploration projects in Canada, Australia and Papua New Guinea, including a 1.75% net smelter return (NSR) royalty in the Dumont nickel project in Quebec and a 2.0% NSR royalty on the Turnagain nickel project in British Columbia. The firm is engaged to invest in a battery metals-focused portfolio of streams, royalties and direct interests in mineral properties containing battery metals. The firm's royalties include Dumont Nickel-Cobalt Royalty, Turnagain Nickel-Cobalt Royalty, Flemington Cobalt-Scandium-Nickel Royalty, and Nyngan Cobalt-Scandium-Nickel Royalty.
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Financial Metrics & Statements of Nickel 28 Capital Corp (CONXF)
FAQ's for Nickel 28 Capital Corp (CONXF)
As of August 2026, Nickel 28 Capital Corp CONXF is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Nickel 28 Capital Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Nickel 28 Capital 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.
Musaffa determines the Shariah status of Nickel 28 Capital Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Nickel 28 Capital Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Nickel 28 Capital Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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