Goldflare Exploration Inc GOFL.NE
CAD0.05
Last Updated: Jan 19, 12:00 AM·NEO
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Is Goldflare Exploration Inc Stock Halal?
Shariah Compliance Analysis of GOFL.NE Stock
Canada Materials Nano Cap No. As of September 2026, Goldflare Exploration Inc (GOFL.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Goldflare Exploration Inc does not pass Musaffa's business and financial screening criteria.
Goldflare Exploration, Inc. engages in the acquisition, exploration, and development of mining properties. The company is headquartered in Piedmont, Quebec. The company went IPO on 2002-03-11. The firm specializes in gold exploration in the province of Quebec, Canada. Its properties include Aiguebelle-Goldfields, Syenite Condor, Ranger, Windfall, Duplessis-Agar and Duplessis Mountain. The Aiguebelle-Goldfields property consists of about six mining claims totaling 253.85 hectares (ha) in Aiguebelle Township, located in the Rouyn-Noranda, municipality, Abitibi-Temiscamingue region. The Syenite Condor Property consists of about 20 mining claims, located in Clericy Township, and covers an area of 653.12 ha, in the Rouyn-Noranda municipality. The Ranger Property consists of about 39 mining claims and covers an area of 1,052.47 ha, in Clericy Township. The Windfall Property consists of about 50 mining claims located in the Northern Quebec, which covers an area of 1,145.62 ha. The Duplessis-Agar consists of about 10 mining claims covering approximately 560 ha.
GOFL.NE Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Goldflare Exploration Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Goldflare Exploration Inc (GOFL.NE) Chart
Financial Metrics & Statements of Goldflare Exploration Inc (GOFL.NE)
FAQ's for Goldflare Exploration Inc (GOFL.NE)
- As of September 2026, Goldflare Exploration Inc GOFL.NE is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Goldflare Exploration Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Goldflare Exploration 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.
- Musaffa determines the Shariah status of Goldflare Exploration Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Goldflare Exploration Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Goldflare Exploration Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Goldflare Exploration Inc (GOFL.NE)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
