Is Onyx Gold Corp halal to invest in?

As of July 2026, Onyx Gold Corp ONYX.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.

Is Onyx 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 Onyx Gold Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Onyx Gold Corp?

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

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

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

Can a halal stock like Onyx 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 Onyx Gold Corp?

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

Onyx Gold Corp ONYX.NE

Last Updated: Jul 17, 12:00 AM·NEO

ONYX.NE Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Onyx Gold Corp is classified as not halal.

NOT HALAL

Report Source: 2026 3rd Quarter Report

Onyx Gold Corp. Stock Analysis ONYX.NE

Canada Materials Micro Cap Report: Q3, 2026

Onyx Gold Corp. operates as an exploration company. The firm's portfolio of gold projects in the greater Timmins gold camp includes the Munro-Croesus Gold property, and two additional earlier-stage large exploration properties, Golden Mile and Timmins South. Its Yukon property is located in the Selwyn Basin in the western Yukon and consists of four separate properties totaling 1105 claims and 22,720 hectares (ha), referred to as King Tut, Canol, RGS and Stan. The Munro-Croesus Gold Project is located approximately 75 kilometers (km) east of Timmins, Ontario, and covers over 108 square kilometers (km2). The Golden Mile, an over 140 km2 property, is located nine km northeast of Newmont's Hoyle Pond deposit in Timmins. The Timmins South property, over 187 km2, is located to the south and southeast of Timmins and surrounds the Shaw dome structure.

Key Statistics of Onyx Gold Corp (ONYX.NE)

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

Today's Range

CAD1.39CAD1.40

Today's Open

CAD1.39

Volume

1300.00

P/E Ratio (TTM)

Financial Metrics & Statements of Onyx Gold Corp (ONYX.NE)

Super Investors Invested in Onyx Gold Corp (ONYX.NE)

FAQ's for Onyx Gold Corp (ONYX.NE)

As of July 2026, Onyx Gold Corp ONYX.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 Onyx Gold Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Onyx 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.
Musaffa determines the Shariah status of Onyx Gold 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 Onyx Gold 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 Onyx Gold Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.