Is Kobo Resources Inc. halal to invest in?

According to Musaffa's Shariah screening methodology, Kobo Resources Inc. (KRI.V) 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 Kobo 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 Kobo Resources Inc. using these criteria to determine its compliance status.

Can Muslims buy shares of Kobo Resources Inc.?

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

Musaffa determines the Shariah status of Kobo 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 Kobo Resources Inc. updated?

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

Can a halal stock like Kobo 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 Kobo Resources Inc.?

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

KRI.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 09, 2025

Report Source: 2025 3rd Quarter Report

Analyst's Ratings for Kobo Resources Inc. (KRI.V)

Based on 9 analysts giving stock ratings to Kobo Resources Inc. in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Kobo Resources Inc.. Stock Analysis KRI.V

Canada Materials Nano Cap Report: Q3, 2025

Kobo Resources, Inc. engages in the acquisition, exploration, and development of gold mining property assets in West Africa through its subsidiary. The company is headquartered in Quebec City, Quebec. The company went IPO on 2018-10-12. The Company’s 100%-owned Kossou Gold Project is located approximately 20 kilometers (kms) northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region’s largest gold mines with established processing facilities. The Kossou Permit covers approximately 110.2 square kilometers (km2). The firm is advancing exploration at its Kotobi Permit, which is located in the administrative departments of Arrah, Bongouanou and Daoukro covering approximately 301.75 km2. The firm's permit application for the Bocanda South covers approximately 341.63 km2. The company has an earn-in agreement on the Prospective Yakasse Gold Project in Cote d’Ivoire. The Yakasse Project (approximately 74.06 km2 permit application) is located approximately 100 kms northeast of Abidjan.

Key Statistics of Kobo Resources Inc. (KRI.V)

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

Today's Range

CAD0.25CAD0.28

Today's Open

CAD0.26

Volume

226.97K

P/E Ratio (TTM)

52 Week Range

CAD0.20CAD0.48

Market Cap

34.22M

Avg. Volume

69.83K

Dividend Yield

Financial Metrics & Statements of Kobo Resources Inc. (KRI.V)

FAQ's for Kobo Resources Inc. (KRI.V)

According to Musaffa’s Shariah screening methodology, Kobo Resources Inc. (KRI.V) 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.