Haranga Resources Ltd HARGF
HARGF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Haranga Resources Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Haranga Resources Ltd. Stock Analysis HARGF
Haranga Resources Ltd. engages in the provision of exploration and development of gold, uranium, and other metals. The firm holds interests in a range of gold and uranium projects located in Senegal and California. The Company’s projects include Saraya uranium, Ibel South Gold and Lincoln Gold. The Saraya uranium project is a joint venture between the Company (70%) and Mandinga Resources SARL (30%) and relates to permit PR02208, which is located in East Senegal, West Africa. The project area spans approximately 1,650 square kilometers (km2). The Ibel South project is located southwest of Kedougou within the Birimian Belt, near the Mako, Massawa, and Sabodala gold mines. The project lies within the Birimian Volcanics of the Kenieba inlier, West Africa. The Lincoln Gold project area covers approximately 322 hectares, spanning 5.8 kilometers between Sutter Creek and Amador City, California.
Haranga Resources Ltd (HARGF) Chart
Financial Metrics & Statements of Haranga Resources Ltd (HARGF)
FAQ's for Haranga Resources Ltd (HARGF)
- As of August 2026, Haranga Resources Ltd HARGF 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 Haranga Resources Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Haranga Resources 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.
- Musaffa determines the Shariah status of Haranga Resources Ltd 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 Haranga Resources Ltd 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 Haranga Resources Ltd 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 Haranga Resources Ltd (HARGF)
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