Is Irving Resources Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Irving Resources Inc (IRV.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 Irving Resources Inc 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 Irving Resources Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Irving Resources Inc?

Muslim investors may consider investing in Irving Resources Inc 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 Irving Resources Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Irving Resources Inc 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 Irving Resources Inc updated?

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

Can a halal stock like Irving Resources Inc 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 Irving Resources Inc?

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

IRV.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 11, 2025

Report Source: 2025 Annual Report

Irving Resources Inc. Stock Analysis IRV.CN

Canada Materials Nano Cap Report: 2025 Annual

Irving Resources, Inc. engages in the exploration of gold. Its projects include Omu Project, Yamagano Project and other projects. Its lead project is the Omu Project, located in the town of Omu on Japan’s northern island of Hokkaido. The project consists of a 2.98 square kilometer Omui mining license and 56 prospecting licenses covering an additional 171.38 square kilometers. The Yamagano mining district is situated about 11 kilometers (km) southwest of the large, high-grade Hishikari gold mine, Japan. The company also holds four new mineral prospecting licenses immediately east of the Yamagano mining tenement. Its other projects include Noto and Satsuma B. Noto has over 337.37 square kilometers of prospecting license applications located on the Noto Peninsula with four discrete target areas displaying stream sediment gold, silver, arsenic, antimony, mercury and/or copper anomalism. Satsuma B has over 54.09 square kilometers of mineral prospecting license applications.

Key Statistics of Irving Resources Inc (IRV.CN)

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

Today's Range

CAD0.34CAD0.38

Today's Open

CAD0.34

Volume

112.74K

P/E Ratio (TTM)

52 Week Range

CAD0.17CAD0.50

Market Cap

22.51M

Avg. Volume

30.48K

Dividend Yield

Financial Metrics & Statements of Irving Resources Inc (IRV.CN)

FAQ's for Irving Resources Inc (IRV.CN)

According to Musaffa’s Shariah screening methodology, Irving Resources Inc (IRV.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.