Is Lucara Diamond Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Lucara Diamond Corp (LUC.TO) is currently classified as NOT HALAL as of April 2026. 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 Lucara Diamond 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 Lucara Diamond Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Lucara Diamond Corp?

Muslim investors may consider investing in Lucara Diamond 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 Lucara Diamond Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Lucara Diamond 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 Lucara Diamond Corp updated?

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

Can a halal stock like Lucara Diamond 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 Lucara Diamond Corp?

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

LUC.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 09, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Lucara Diamond Corp (LUC.TO)

Based on 7 analysts giving stock ratings to Lucara Diamond Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Lucara Diamond Corp. Stock Analysis LUC.TO

Canada Materials Micro Cap Report: 2025 Annual

Lucara Diamond Corp. engages in the production and exploration of diamond properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2006-02-07. The firm is an independent producer of large Type IIa diamonds from its 100% owned Karowe Diamond Mine in Botswana. The firm's operations and development activities are focused on Karowe Mine. Its 100% owned Karowe mine is a hard rock open pit mine, which produces diamonds larger than 10.8 carats.

Key Statistics of Lucara Diamond Corp (LUC.TO)

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

Today's Range

CAD0.21CAD0.23

Today's Open

CAD0.23

Volume

393.79K

P/E Ratio (TTM)

9.12

52 Week Range

CAD0.16CAD0.35

Market Cap

357.25M

Avg. Volume

88.05K

Dividend Yield

Financial Metrics & Statements of Lucara Diamond Corp (LUC.TO)

FAQ's for Lucara Diamond Corp (LUC.TO)

According to Musaffa’s Shariah screening methodology, Lucara Diamond Corp (LUC.TO) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.