Yes. As of September 2026, Kiboko Gold Inc. (KIB.NE) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Kiboko Gold Inc. passes Musaffa's business and financial screening criteria.
Kiboko Gold, Inc. engages in the acquisition, exploration, and evaluation of mineral properties. The company is headquartered in Kelowna, British Columbia. The company went IPO on 2022-06-29. The Harricana Gold Project is located in the Abitibi Greenstone Belt approximately 15 kilometers (km) northeast of the town of Amos and consists of 234 contiguous exploration claims covering an area of over 102 square kilometers in Duverny Township, Quebec. Except for four claims, all over 234 claims in the Harricana Gold Project are 100% held by the Company. The firm has a 65% interest in the remaining four claims, with an option to earn the remaining 35%. The company is strategically located over 55 kilometers (km) north of Val-d’Or, over 85 km east of Rouyn-Noranda, and approximately 15 km northeast of Amos.
Kiboko Gold Inc. KIB.NE
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Last Updated: Mar 25, 12:00 AM·NEO
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KIB.NE Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Kiboko Gold Inc. is classified as halal.
HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Kiboko Gold Inc. (KIB.NE)
FAQ's for Kiboko Gold Inc. (KIB.NE)
As of September 2026, Kiboko Gold Inc. KIB.NE is classified as 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 Kiboko Gold Inc. using these criteria to determine its compliance status.
Muslim investors may consider investing in Kiboko Gold 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.
Musaffa determines the Shariah status of Kiboko Gold Inc. 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 Kiboko Gold Inc. 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 Kiboko Gold Inc. on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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