Is Hercules Resources Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Hercules Resources Corp (HERC.CN) 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 Hercules Resources 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 Hercules Resources Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Hercules Resources Corp?

Muslim investors may consider investing in Hercules Resources 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 Hercules Resources Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Hercules Resources 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 Hercules Resources Corp updated?

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

Can a halal stock like Hercules Resources 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 Hercules Resources Corp?

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

HERC.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 12, 2025

Report Source: 2025 2nd Quarter Report

Hercules Resources Corp. Stock Analysis HERC.CN

Canada N/A Nano Cap Report: Q2, 2025

Hercules Resources Corp. is an exploration stage company, which engages in the identification and acquisition of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2023-01-30. The firm is engaged in gold exploration company engaged in the acquisition, exploration and development of projects located in the highly prospective and mining nations of Ecuador and Canada. The Company’s mineral properties are not in commercial development or production stage.

Key Statistics of Hercules Resources Corp (HERC.CN)

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

Today's Range

CAD0.08CAD0.08

Today's Open

CAD0.08

Volume

1000.00

P/E Ratio (TTM)

52 Week Range

CAD0.06CAD0.40

Market Cap

276.41K

Avg. Volume

2000.00

Dividend Yield

Financial Metrics & Statements of Hercules Resources Corp (HERC.CN)

FAQ's for Hercules Resources Corp (HERC.CN)

According to Musaffa’s Shariah screening methodology, Hercules Resources Corp (HERC.CN) 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.