Is Kalo Gold Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Kalo Gold Corp (KALO.V) is currently classified as NOT HALAL as of May 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 Kalo Gold 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 Kalo Gold Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Kalo Gold Corp?

Muslim investors may consider investing in Kalo Gold 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 Kalo Gold Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Kalo Gold 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 Kalo Gold Corp updated?

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

Can a halal stock like Kalo Gold 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 Kalo Gold Corp?

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

KALO.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 05, 2025

Report Source: 2025 2nd Quarter Report

Kalo Gold Corp. Stock Analysis KALO.V

Canada N/A Nano Cap Report: Q2, 2025

Kalo Gold Corp. is a mineral exploration company, which engages in the Vatu Aurum gold project on Fiji's north island, Vanua Levu. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2020-02-28. The firm is focused on exploration for low sulphidation epithermal gold deposit at its 100%-owned Vatu Aurum Project, located on Vanua Levu (North Island) in the Republic of Fiji. The Vatu Aurum Project covers an area of approximately 367 square kilometers. The Vatu Aurum Project encompasses a regionally significant back-arc basin hosting multiple volcanic calderas. The Vatu Aurum Project consists of two Special Prospecting Licenses (SPL), namely SPL 1464 and SPL 1511. The AxelGold project is an early stage greenfield alkalic related syenite porphyry gold-copper-molybdenum prospect located in north central British Columbia.

Key Statistics of Kalo Gold Corp (KALO.V)

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

Today's Range

CAD0.21CAD0.21

Today's Open

CAD0.21

Volume

500.00

P/E Ratio (TTM)

52 Week Range

CAD0.17CAD0.60

Market Cap

22.97M

Avg. Volume

84.46K

Dividend Yield

Financial Metrics & Statements of Kalo Gold Corp (KALO.V)

FAQ's for Kalo Gold Corp (KALO.V)

According to Musaffa’s Shariah screening methodology, Kalo Gold Corp (KALO.V) is currently classified as NOT HALAL as of May 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.