Is Foraco International SA halal to invest in?

According to Musaffa's Shariah screening methodology, Foraco International SA (FAR.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 Foraco International SA 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 Foraco International SA using these criteria to determine its compliance status.

Can Muslims buy shares of Foraco International SA?

Muslim investors may consider investing in Foraco International SA 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 Foraco International SA classified as NOT HALAL?

Musaffa determines the Shariah status of Foraco International SA 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 Foraco International SA updated?

The Shariah compliance status of Foraco International SA may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Foraco International SA 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 Foraco International SA?

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

FAR.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 10, 2026

Report Source: 2025 Annual Report

Foraco International SA. Stock Analysis FAR.TO

Canada Materials Micro Cap Report: 2025 Annual

Foraco International SA is a global mineral drilling services company. The company employs 2,166 full-time employees The company went IPO on 2007-07-25. The firm's principle business consists of drilling contracts for companies primarily involved in mining and water exploration. The firm operates in two business segments: Mining and Water. The Mining segment covers drilling services offered to the mining and energy industry during the exploration, development and production phases of mining projects. The Water segment covers all activities linked to the construction of water wells leading to the supply of drinking water, the collection of mineral water, as well as the control, maintenance and renovation of the existing installations. The Water segment also includes drilling services offered to the environmental and construction industry, such as geological exploration and geotechnical drilling.

Key Statistics of Foraco International SA (FAR.TO)

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

Today's Range

CAD3.04CAD3.33

Today's Open

CAD3.09

Volume

467.69K

P/E Ratio (TTM)

14.13

52 Week Range

CAD1.57CAD3.54

Market Cap

292.62M

Avg. Volume

296.69K

Dividend Yield

Financial Metrics & Statements of Foraco International SA (FAR.TO)

FAQ's for Foraco International SA (FAR.TO)

According to Musaffa’s Shariah screening methodology, Foraco International SA (FAR.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.