No. As of September 2026, Mosaic Minerals Corp (MOC.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mosaic Minerals Corp does not pass Musaffa's business and financial screening criteria.
Mosaic Minerals Corp. engages in mineral exploration. The company is headquartered in Montreal, Quebec. The company went IPO on 2020-11-16. The firm focuses on its properties with gold (Amanda) and nickel (Gaboury) potential. The company also focuses on Lichen property and 113 North project. The Amanda project, consisting of about 145 cells covering approximately 7,677 hectares (ha), is accessible by a year-round forest road. Several gold occurrences associated with iron formations and paragneiss are known in the eastern portion of the Amanda property. The project is located on Eeyou Istchee territory, James Bay, Quebec. The Gaboury project consists of about 114 mining claim cells totaling 6,064 ha located approximately 150 kilometers (km) south-west (SW) of the Rouyn-Noranda mining camp. The Lichen property is located approximately 100 km west of the Chibougamau mining camp. The company has also signed a letter of intent to acquire approximately 100% of the Golden Island Project in Quebec.
Mosaic Minerals Corp MOC.NE
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Last Updated: Aug 14, 12:00 AM·NEO
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MOC.NE Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Mosaic Minerals Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Mosaic Minerals Corp (MOC.NE)
FAQ's for Mosaic Minerals Corp (MOC.NE)
As of September 2026, Mosaic Minerals Corp MOC.NE is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Mosaic Minerals Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Mosaic Minerals 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.
Musaffa determines the Shariah status of Mosaic Minerals Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Mosaic Minerals Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Mosaic Minerals Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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