Is Matachewan Consolidated Mines Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Matachewan Consolidated Mines Ltd (MCM.A.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 Matachewan Consolidated Mines Ltd 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 Matachewan Consolidated Mines Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Matachewan Consolidated Mines Ltd?

Muslim investors may consider investing in Matachewan Consolidated Mines Ltd 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 Matachewan Consolidated Mines Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Matachewan Consolidated Mines Ltd 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 Matachewan Consolidated Mines Ltd updated?

The Shariah compliance status of Matachewan Consolidated Mines Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Matachewan Consolidated Mines Ltd 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 Matachewan Consolidated Mines Ltd?

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

MCM.A.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 15, 2025

Report Source: 2025 1st Quarter Report

Matachewan Consolidated Mines Ltd. Stock Analysis MCM.A.V

Canada Energy Nano Cap Report: Q1, 2025

Matachewan Consolidated Mines Ltd. engages in the natural resource industry. The company is headquartered in Toronto, Ontario. The company went IPO on 2000-10-10. The firm has investments in petroleum interests, as well as mineral resource properties, all of which are located in Canada. The firm has indirect exposure to other natural resource opportunities by investing in natural resource-based marketable securities and investing in other companies that are listed on recognized exchanges. The firm does not operate any of the interests it has in oil and natural gas.

Key Statistics of Matachewan Consolidated Mines Ltd (MCM.A.V)

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

Today's Range

CAD0.38CAD0.38

Today's Open

CAD0.38

Volume

11.50K

P/E Ratio (TTM)

1.01

52 Week Range

CAD0.13CAD0.56

Market Cap

5.19M

Avg. Volume

5410.86

Dividend Yield

Financial Metrics & Statements of Matachewan Consolidated Mines Ltd (MCM.A.V)

FAQ's for Matachewan Consolidated Mines Ltd (MCM.A.V)

According to Musaffa’s Shariah screening methodology, Matachewan Consolidated Mines Ltd (MCM.A.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.