Is Gold Reserve Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Gold Reserve Ltd (GRZ.V) is currently classified as NOT HALAL as of February 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 Gold Reserve 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 Gold Reserve Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Gold Reserve Ltd?

Muslim investors may consider investing in Gold Reserve 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 Gold Reserve Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Gold Reserve 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 Gold Reserve Ltd updated?

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

Can a halal stock like Gold Reserve 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 Gold Reserve Ltd?

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

GRZ.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 02, 2026

Report Source: 2025 3rd Quarter Report

Gold Reserve Ltd. Stock Analysis GRZ.V

Canada Materials Small Cap Report: Q3, 2025

Gold Reserve Ltd. engages in the exploration, acquisition, and development of mining properties. These claims include the CITGO Proceedings, Portugal Attachment Proceedings and the Siembra Minera Arbitration Proceedings.

Key Statistics of Gold Reserve Ltd (GRZ.V)

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

Today's Range

CAD5.50CAD6.07

Today's Open

CAD5.33

Volume

81.95K

P/E Ratio (TTM)

52 Week Range

CAD1.45CAD7.60

Market Cap

633.21M

Avg. Volume

21.09K

Dividend Yield

Financial Metrics & Statements of Gold Reserve Ltd (GRZ.V)

FAQ's for Gold Reserve Ltd (GRZ.V)

According to Musaffa’s Shariah screening methodology, Gold Reserve Ltd (GRZ.V) is currently classified as NOT HALAL as of February 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.