Is Green Mining Innovation Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Green Mining Innovation Inc (GMI.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 Green Mining Innovation Inc 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 Green Mining Innovation Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Green Mining Innovation Inc?

Muslim investors may consider investing in Green Mining Innovation Inc 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 Green Mining Innovation Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Green Mining Innovation Inc 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 Green Mining Innovation Inc updated?

The Shariah compliance status of Green Mining Innovation Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Green Mining Innovation Inc 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 Green Mining Innovation Inc?

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

GMI.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 16, 2025

Report Source: 2024 3rd Quarter Report

Green Mining Innovation Inc. Stock Analysis GMI.V

Canada N/A Nano Cap Report: Q3, 2024

Green Mining Innovation, Inc. is a natural resource exploration and development company. The company is headquartered in Quebec City, Quebec. The company went IPO on 2010-05-25. The firm is focused on developing deposits that contain gold and technology metals in mining jurisdictions in Canada. The company holds four mining properties, which include Fortune Property, Panache North Property, and IMV Property located in the Province of Quebec, and the Prince Property located in the province of Newfoundland. The Fortune Property comprises a 100% interest in a total of eight claims (101 claims) covering approximately 5,714 ha. The Panache North Property comprises a 100% interest in a total of four claims covering approximately 225 ha. The Prince Property comprises a 100% interest in a total of four licenses covering approximately 125 ha, located in Newfoundland. The IMV property consists of a total of eight claims, covering an area of 481 hectares, which is located in the Monteregie region of southern Quebec.

Key Statistics of Green Mining Innovation Inc (GMI.V)

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

Today's Range

CAD0.05CAD0.05

Today's Open

CAD0.05

Volume

3850.00

P/E Ratio (TTM)

52 Week Range

CAD0.03CAD0.15

Market Cap

3.03M

Avg. Volume

6866.63

Dividend Yield

Financial Metrics & Statements of Green Mining Innovation Inc (GMI.V)

FAQ's for Green Mining Innovation Inc (GMI.V)

According to Musaffa’s Shariah screening methodology, Green Mining Innovation Inc (GMI.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.