Is Maritime Resources Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Maritime Resources Corp (MAE.V) is currently classified as NOT HALAL as of October 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 Maritime Resources 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 Maritime Resources Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Maritime Resources Corp?

Muslim investors may consider investing in Maritime Resources 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 Maritime Resources Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Maritime Resources 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 Maritime Resources Corp updated?

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

Can a halal stock like Maritime Resources 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 Maritime Resources Corp?

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

MAE.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 18, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Maritime Resources Corp (MAE.V)

Based on 9 analysts giving stock ratings to Maritime Resources Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Maritime Resources Corp. Stock Analysis MAE.V

Canada Materials Micro Cap Report: Q2, 2025

Maritime Resources Corp. is a gold and base metals exploration company, which engages in the exploration of resource properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2008-09-17. The firm holds a 100% interest directly and is subject to option agreements entitling it to earn 100% ownership in the Green Bay Property, which includes the former Hammerdown gold mine and the Orion gold project. The firm controls over 439 square kilometers (km2) of exploration land, including the Green Bay, Whisker Valley, Gull Ridge, and Point Rousse projects. The mineral processing assets owned by the Company in the Baie Verte mining district include the Pine Cove mill and the Nugget Pond gold circuit.

Key Statistics of Maritime Resources Corp (MAE.V)

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

Today's Range

CAD2.06CAD2.26

Today's Open

CAD2.06

Volume

459.52K

P/E Ratio (TTM)

52 Week Range

CAD0.50CAD2.90

Market Cap

235.36M

Avg. Volume

264.56K

Dividend Yield

Financial Metrics & Statements of Maritime Resources Corp (MAE.V)

FAQ's for Maritime Resources Corp (MAE.V)

According to Musaffa’s Shariah screening methodology, Maritime Resources Corp (MAE.V) is currently classified as NOT HALAL as of October 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.