Is Star Diamond Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Star Diamond Corp (DIAM.TO) is currently classified as NOT HALAL as of April 2026. 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 Star Diamond 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 Star Diamond Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Star Diamond Corp?

Muslim investors may consider investing in Star Diamond 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 Star Diamond Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Star Diamond 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 Star Diamond Corp updated?

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

Can a halal stock like Star Diamond 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 Star Diamond Corp?

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

DIAM.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 07, 2026

Report Source: 2025 Annual Report

Star Diamond Corp. Stock Analysis DIAM.TO

Canada Materials Nano Cap Report: 2025 Annual

Star Diamond Corp. is a Canadian natural resource company, which engages in the exploration and development of diamond resources. The company is headquartered in Saskatoon, Saskatchewan. The firm holds a 100% interest in the Fort a la Corne Project (FALC Project). The FALC Project includes the Star- Orion South Diamond Project. These properties are in central Saskatchewan, near established infrastructure, including paved highways and the electrical power grid. The Star-Orion South Diamond Project is located within the Fort a la Corne diamond district of central Saskatchewan, Canada. These Fort a la Corne mineral dispositions are located in the Fort a la Corne Provincial Forest, approximately 60 kilometers (km) east of Prince Albert, Saskatchewan. The firm also holds a 100% interest in the exploration and evaluation properties of the Buffalo Hills Diamond Project located approximately 400 kilometers northwest of Edmonton, Alberta, Canada. The property covers a total of 21 mineral leases covering an area of approximately 4,800 hectares.

Key Statistics of Star Diamond Corp (DIAM.TO)

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

Today's Range

CAD0.03CAD0.03

Today's Open

CAD0.03

Volume

386.68K

P/E Ratio (TTM)

52 Week Range

CAD0.03CAD0.07

Market Cap

19.35M

Avg. Volume

334.40K

Dividend Yield

Financial Metrics & Statements of Star Diamond Corp (DIAM.TO)

FAQ's for Star Diamond Corp (DIAM.TO)

According to Musaffa’s Shariah screening methodology, Star Diamond Corp (DIAM.TO) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.