Is First Andes Silver Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, First Andes Silver Ltd (FAS.V) is currently classified as NOT HALAL as of July 2025. 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 First Andes Silver Ltd 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 First Andes Silver Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of First Andes Silver Ltd?

Muslim investors may consider investing in First Andes Silver 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.

Why is First Andes Silver Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of First Andes Silver Ltd 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 First Andes Silver Ltd updated?

The Shariah compliance status of First Andes Silver Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like First Andes Silver Ltd 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 First Andes Silver Ltd?

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

FAS.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 16, 2025

Report Source: 2025 Annual Report

First Andes Silver Ltd. Stock Analysis FAS.V

Canada N/A Nano Cap Report: 2025 Annual

First Andes Silver Ltd. is an exploration stage company, which engages in mineral properties in Bolivia and Peru. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2013-04-30. The firm's Santas Gloria silver property is comprised of approximately three mineral concessions totaling 1,100 hectares and is located 55 kilometers (km) east of Lima, Peru. The firm's Santas Gloria silver property is situated within a well-known intermediate-sulphidation epithermal belt, and hosts over 12 km of multiphase veins mapped at surface. The Company’s projects also include Carrington Project (Carrington), the Stony Creek Project (Stony Creek) and the Dartmoor Project (Dartmoor), which are located in New South Wales, Australia. The Carrington is an approximately 160 square kilometers (km2) exploration license application. The Stony Creek is an approximately 247 km2 exploration license application situated in the Lachlan Orogenic Belt. The Dartmoor is an approximately 47 km2 exploration license application.

Key Statistics of First Andes Silver Ltd (FAS.V)

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

Today's Range

CAD0.11CAD0.11

Today's Open

CAD0.11

Volume

7001.00

P/E Ratio (TTM)

52 Week Range

CAD0.06CAD0.28

Market Cap

8.65M

Avg. Volume

71.13K

Dividend Yield

Financial Metrics & Statements of First Andes Silver Ltd (FAS.V)

FAQ's for First Andes Silver Ltd (FAS.V)

According to Musaffa’s Shariah screening methodology, First Andes Silver Ltd (FAS.V) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.