Is Northern Graphite Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Northern Graphite Corp (NGC.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 Northern Graphite 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 Northern Graphite Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Northern Graphite Corp?

Muslim investors may consider investing in Northern Graphite 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 Northern Graphite Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Northern Graphite 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 Northern Graphite Corp updated?

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

Can a halal stock like Northern Graphite 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 Northern Graphite Corp?

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

NGC.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 14, 2025

Report Source: 2025 1st Quarter Report

Analyst's Ratings for Northern Graphite Corp (NGC.V)

Based on 9 analysts giving stock ratings to Northern Graphite Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Northern Graphite Corp. Stock Analysis NGC.V

Canada Materials Nano Cap Report: Q1, 2025

Northern Graphite Corp. is a mineral exploration and development company, which engages in the exploration, and development of mineral properties. The firm is focused on producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/electric vehicles (EVs), fuel cells and graphene, as well as advanced industrial technologies. Its mining operations include Lac des Iles, Okanjande and Bissett Creek. Its products include Flake Graphite Products and Porocarb Products. The Lac des Iles (LDI) mine is the only flake graphite producer in North America. The LDI mine is located approximately two kilometers south of Lac-des-Iles, Quebec, 110 kilometers (km) northeast of Ottawa and 180 km northwest of Montreal. The Okanjande mining is located in Namibia, one of Africa's finest mining jurisdictions. The company holds a 100% interest in the Bissett Creek Project, which is located around 15 km from the Trans-Canada Highway between the towns of Deep River and Mattawa, Ontario.

Key Statistics of Northern Graphite Corp (NGC.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

12.07K

P/E Ratio (TTM)

52 Week Range

CAD0.08CAD0.38

Market Cap

24.90M

Avg. Volume

143.72K

Dividend Yield

Financial Metrics & Statements of Northern Graphite Corp (NGC.V)

FAQ's for Northern Graphite Corp (NGC.V)

According to Musaffa’s Shariah screening methodology, Northern Graphite Corp (NGC.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.