No. As of October 2026, IMARA Gold PLC (IGLD.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. IMARA Gold PLC does not pass Musaffa's business and financial screening criteria.
Imara Gold Plc engages in the exploration, development, and mining of gold in Kenya and Tanzania. The firm's principal activity is exploration, development, and mining of gold in Kenya and Tanzania. The company operates through three segments, namely Kenya, Tanzania, and United Kingdom. The firm's projects include Kilimapesa Gold Project and Nyakafuru Gold Project. Its Kilimapesa Gold Mine is located on the prolific Migori Greenstone Gold Belt in Southwest Kenya, covering a total surface area of about 586,600 kilometers. The mine consists of two open pits and an underground mine consisting of 4 adits. Its Nyakafuru Gold Project is located within the Nyanzian System of the Lake Victoria Gold Fields in the northern part of the Archaean Tanzania Craton. Its Nyakafuru Gold Project has 11 granted exploration licenses over 280-kilometer square (km2) with four key deposit areas-Voyager, Mentelle, Cullen, Leeuwin-Grange-and other exploration targets.
IMARA Gold PLC IGLD.L
IGLD.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, IMARA Gold PLC is classified as not halal.
NOT HALAL
IMARA Gold PLC (IGLD.L) Chart
Fetching Price Chart...
Financial Metrics & Statements of IMARA Gold PLC (IGLD.L)
FAQ's for IMARA Gold PLC (IGLD.L)
As of October 2026, IMARA Gold PLC IGLD.L 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 IMARA Gold PLC using these criteria to determine its compliance status.
Muslim investors may consider investing in IMARA Gold PLC 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 IMARA Gold PLC 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 IMARA Gold PLC 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 IMARA Gold PLC 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 IMARA Gold PLC (IGLD.L)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.