Is Nickel 28 Capital Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Nickel 28 Capital Corp (NKL.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 Nickel 28 Capital 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 Nickel 28 Capital Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Nickel 28 Capital Corp?

Muslim investors may consider investing in Nickel 28 Capital 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 Nickel 28 Capital Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Nickel 28 Capital 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 Nickel 28 Capital Corp updated?

The Shariah compliance status of Nickel 28 Capital Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Nickel 28 Capital 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 Nickel 28 Capital Corp?

You can check the latest Shariah compliance status of Nickel 28 Capital Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

NKL.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 11, 2026

Report Source: 2026 3rd Quarter Report

Analyst's Ratings for Nickel 28 Capital Corp (NKL.V)

Based on 9 analysts giving stock ratings to Nickel 28 Capital Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Nickel 28 Capital Corp. Stock Analysis NKL.V

Canada Materials Micro Cap Report: Q3, 2026

Nickel 28 Capital Corp. is a base metals company, which engages in the provision of nickel and cobalt for battery, as well as focuses on investment services. The company is headquartered in Toronto, Ontario. The company went IPO on 2019-11-18. In addition, the Company manages a portfolio of 10 nickel and cobalt royalties on development and exploration projects in Canada, Australia and Papua New Guinea, including a 1.75% net smelter return (NSR) royalty in the Dumont nickel project in Quebec and a 2.0% NSR royalty on the Turnagain nickel project in British Columbia. The firm is engaged to invest in a battery metals-focused portfolio of streams, royalties and direct interests in mineral properties containing battery metals. The firm's royalties include Dumont Nickel-Cobalt Royalty, Turnagain Nickel-Cobalt Royalty, Flemington Cobalt-Scandium-Nickel Royalty, and Nyngan Cobalt-Scandium-Nickel Royalty.

Key Statistics of Nickel 28 Capital Corp (NKL.V)

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

Today's Range

CAD1.25CAD1.26

Today's Open

CAD1.26

Volume

3257.00

P/E Ratio (TTM)

52 Week Range

CAD0.58CAD1.29

Market Cap

102.50M

Avg. Volume

46.67K

Dividend Yield

Financial Metrics & Statements of Nickel 28 Capital Corp (NKL.V)

FAQ's for Nickel 28 Capital Corp (NKL.V)

According to Musaffa’s Shariah screening methodology, Nickel 28 Capital Corp (NKL.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.