Is GSP Resource Corp halal to invest in?

According to Musaffa's Shariah screening methodology, GSP Resource Corp (GSPR.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 GSP Resource Corp 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 GSP Resource Corp using these criteria to determine its compliance status.

Can Muslims buy shares of GSP Resource Corp?

Muslim investors may consider investing in GSP Resource Corp 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 GSP Resource Corp classified as NOT HALAL?

Musaffa determines the Shariah status of GSP Resource Corp 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 GSP Resource Corp updated?

The Shariah compliance status of GSP Resource Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like GSP Resource Corp 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 GSP Resource Corp?

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

GSPR.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 16, 2025

Report Source: 2025 3rd Quarter Report

GSP Resource Corp. Stock Analysis GSPR.V

Canada N/A Nano Cap Report: Q3, 2025

GSP Resource Corp. operates as mineral exploration and development company, which focuses on projects in southwestern British Columbia. The firm has an option to acquire 100% of the Alwin Project, located in the Kamloops Mining Division, 18 kilometers (km) west of Logan Lake, British Columbia. The Alwin Project is approximately 575 hectares adjacent to the Valley Pit (Highland Valley Mine), Logan Lake, British Columbia. The Alwin Mine is a past-producing mine located adjacent to a large, active, open-pit mining operation: Teck Resources Highland Valley Copper. The Olivine Mountain Project is approximately 3021.87-ha, which is located in the Interior Plateau area of South-Central British Columbia, about 25 kilometers northwest of Princeton, near producing mines. The Olivine Mountain property covers part of the Tulameen Ultramafic Complex.

Key Statistics of GSP Resource Corp (GSPR.V)

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

Today's Range

CAD0.11CAD0.12

Today's Open

CAD0.12

Volume

78.51K

P/E Ratio (TTM)

52 Week Range

CAD0.08CAD0.29

Market Cap

5.55M

Avg. Volume

50.33K

Dividend Yield

Financial Metrics & Statements of GSP Resource Corp (GSPR.V)

FAQ's for GSP Resource Corp (GSPR.V)

According to Musaffa’s Shariah screening methodology, GSP Resource Corp (GSPR.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.