Cora Gold Ltd CORA.L
GBX11.00 GBX0.25 (2.22%) 1D
Last Updated: Oct 09, 12:00 AM·LSE
Pricing for GB stocks is delayed by 24 hours
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Is Cora Gold Ltd Stock Halal?
Shariah Compliance Analysis of CORA.L Stock
United Kingdom Materials Micro Cap No. As of October 2026, Cora Gold Ltd (CORA.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Cora Gold Ltd does not pass Musaffa's business and financial screening criteria.
Cora Gold Ltd. engages in the exploration and development of gold. The company employs 15 full-time employees The company went IPO on 2017-10-09. The principal activity of the Company and its subsidiaries is the exploration and development of mineral projects, with a primary focus in West Africa. Its activities are focused on two gold regions in Mali and Senegal in West Africa, being the Yanfolila Gold Belt (south Mali) and the Kedougou-Kenieba Inlier gold belt. The company operates on a number of gold permits which are grouped into two distinct project areas: Sanankoro Project Area, where the contiguous Bokoro II, Bokoro Est, Dako II, Kodiou and Sanankoro II permits comprise its flagship Sanankoro Gold Project; and Kenieba Project Area. The five permits in the Sanankoro Project Area cover approximately 342 square kilometers. The one permit in the Kenieba Project Area covering about 260 square kilometers is Madina Foulbe (eastern Senegal).
CORA.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Cora Gold Ltd is classified as not halal.
NOT HALALCora Gold Ltd (CORA.L) Chart
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Financial Metrics & Statements of Cora Gold Ltd (CORA.L)
FAQ's for Cora Gold Ltd (CORA.L)
- As of October 2026, Cora Gold Ltd CORA.L 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 Cora Gold Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Cora Gold Ltd 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 Cora Gold Ltd 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 Cora Gold Ltd 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 Cora Gold Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Cora Gold Ltd (CORA.L)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
