Is Majestic Gold Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Majestic Gold Corp (MJS.V) 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 Majestic Gold 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 Majestic Gold Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Majestic Gold Corp?

Muslim investors may consider investing in Majestic Gold 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 Majestic Gold Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Majestic Gold 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 Majestic Gold Corp updated?

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

Can a halal stock like Majestic Gold 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 Majestic Gold Corp?

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

MJS.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 24, 2026

Report Source: 2025 Annual Report

Majestic Gold Corp. Stock Analysis MJS.V

Canada Materials Micro Cap Report: 2025 Annual

Majestic Gold Corp. engages in the exploration, development, and operation of mining properties. The company is engaged in commercial gold production at the Songjiagou Gold Mine. Its main business involves the acquisition, exploration, and development of mineral properties. Its Songjiagou Open-Pit Mine is located at Muping-Rushan gold belt in the Shandong Province, China. Specifically, it is located in the eastern part of Jiaobei Terrane and the northeast margin of the Jiaolai Basin on the Shandong Peninsula and is approximately 50 km south of downtown Yantai city. Its Muping Gold Project, operated by Yantai City Mujin Mining Company Limited (Yantai Mujin), is located in Yantai City, Shandong Province. The main assets operated by Yantai Mujin include Denggezhuang Underground Gold Mine (DGZ Mine), Houzhuang-Heiniutai Underground Gold Mine (HH Mine), Chahe Underground Gold Mine (CH Mine) and the Denggezhuang Processing Plant. The DGZ Processing Plant is located next to the DGZ Mine to process ore from these three mines.

Key Statistics of Majestic Gold Corp (MJS.V)

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

Today's Range

CAD0.15CAD0.15

Today's Open

CAD0.15

Volume

262.66K

P/E Ratio (TTM)

16.30

52 Week Range

CAD0.11CAD0.23

Market Cap

140.76M

Avg. Volume

623.43K

Dividend Yield

Financial Metrics & Statements of Majestic Gold Corp (MJS.V)

FAQ's for Majestic Gold Corp (MJS.V)

According to Musaffa’s Shariah screening methodology, Majestic Gold Corp (MJS.V) 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.