Is Exploits Discovery Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Exploits Discovery Corp (NFLD.CN) 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 Exploits Discovery 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 Exploits Discovery Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Exploits Discovery Corp?

Muslim investors may consider investing in Exploits Discovery 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 Exploits Discovery Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Exploits Discovery 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 Exploits Discovery Corp updated?

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

Can a halal stock like Exploits Discovery 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 Exploits Discovery Corp?

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

NFLD.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 15, 2025

Report Source: 2025 1st Quarter Report

Exploits Discovery Corp. Stock Analysis NFLD.CN

Canada N/A Nano Cap Report: Q1, 2025

Exploits Discovery Corp. is a mineral exploration company, which engages in evaluating, acquiring, and exploring mineral properties in Canada. The company is headquartered in Gander, Newfoundland And Labrador. The company went IPO on 2019-06-03. The firm's portfolio includes three advanced-stage gold projects in Quebec, namely the Fenton, Wilson, and Benoist, alongside the Hawkins Gold Project in Ontario. The company also owns mineral claims at Mount Peyton (037950M) and True Grit (022031) in Newfoundland. The Fenton Project comprises over 18 contiguous claims totaling approximately 760.68 hectares, located 50 kilometers (km) southwest of Chibougamau, Quebec. The Wilson Gold Project comprises over 42 contiguous claims covering 1,660 hectares, located approximately 15 km east of Lebel-sur-Quevillon, Quebec. The Benoist Project is located approximately 65 km northeast of Lebel-sur-Quevillon, Quebec. The Hawkins property consists of the central and most of the southeastern limb of the Superior Province Kabinikagami (Kabi) Greenstone belt.

Key Statistics of Exploits Discovery Corp (NFLD.CN)

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

Today's Range

CAD0.07CAD0.08

Today's Open

CAD0.08

Volume

371.00K

P/E Ratio (TTM)

52 Week Range

CAD0.03CAD0.09

Market Cap

12.95M

Avg. Volume

271.73K

Dividend Yield

Financial Metrics & Statements of Exploits Discovery Corp (NFLD.CN)

FAQ's for Exploits Discovery Corp (NFLD.CN)

According to Musaffa’s Shariah screening methodology, Exploits Discovery Corp (NFLD.CN) 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.