Is Eldorado Gold Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Eldorado Gold Corp (ELD.TO) is currently classified as NOT HALAL as of March 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 Eldorado Gold 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 Eldorado Gold Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Eldorado Gold Corp?

Muslim investors may consider investing in Eldorado Gold 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 Eldorado Gold Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Eldorado Gold 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 Eldorado Gold Corp updated?

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

Can a halal stock like Eldorado Gold 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 Eldorado Gold Corp?

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

ELD.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 16, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Eldorado Gold Corp (ELD.TO)

Based on 12 analysts giving stock ratings to Eldorado Gold Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Eldorado Gold Corp. Stock Analysis ELD.TO

Canada Materials Mid Cap Report: 2025 Annual

Eldorado Gold Corp. engages in the mining, development, and exploration of gold. The company is headquartered in Vancouver, British Columbia and currently employs 2,350 full-time employees. The firm operates four mines: Kisladag and Efemcukuru located in western Turkiye, the Lamaque Complex in Quebec (Lamaque), Canada, and Olympias located in Northern Greece. Kisladag, Efemcukuru and Lamaque are gold mines, while Olympias is a polymetallic operation producing three concentrates bearing gold, lead-silver and zinc. Complementing its producing portfolio is its advanced stage copper-gold development project, Skouries, in Northern Greece. Its other development projects in its portfolio include Perama Hill, a wholly owned gold-silver project in Greece. Its McIlvenna Bay Deposit is a copper-zinc-gold-silver deposit. The McIlvenna Bay Property sits approximately 65 kilometers (km) West of Flin Flon, Manitoba. The McIlvenna Bay Property is part of the prolific Flin Flon Greenstone Belt located in east-central Saskatchewan.

Key Statistics of Eldorado Gold Corp (ELD.TO)

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

Today's Range

CAD43.42CAD45.33

Today's Open

CAD45.33

Volume

675.65K

P/E Ratio (TTM)

16.03

52 Week Range

CAD23.99CAD69.46

Market Cap

10.31B

Avg. Volume

960.47K

Dividend Yield

Financial Metrics & Statements of Eldorado Gold Corp (ELD.TO)

FAQ's for Eldorado Gold Corp (ELD.TO)

According to Musaffa’s Shariah screening methodology, Eldorado Gold Corp (ELD.TO) is currently classified as NOT HALAL as of March 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.