As of August 2026, Sprott Physical Gold Trust is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Sprott Physical Gold Trust. Stock Analysis PHYS
United States N/A Large Cap
Sprott Physical Gold Trust is a CA-based company operating in industry. The company is headquartered in Toronto, Ontario. The company went IPO on 2010-02-26. Sprott Physical Gold Trust (the Trust) is a closed-end mutual fund trust. The Trust was created to invest and hold substantially all of its assets in physical gold bullion. The investment objective of the Trust is to provide a secure, convenient and exchange-traded investment alternative for investors interested in holding physical gold bullion without the inconvenience that is typical of a direct investment in physical gold bullion. The Trust invests primarily in long-term holdings of unencumbered, fully allocated, physical gold bullion and does not speculate with regard to short-term changes in gold prices. The Trust is authorized to issue an unlimited number of redeemable, transferrable trust units (the Units). Sprott Asset Management LP is the manager of the Trust.
Sprott Physical Gold Trust (PHYS) Chart
Financial Metrics & Statements of Sprott Physical Gold Trust (PHYS)
FAQ's for Sprott Physical Gold Trust (PHYS)
As of August 2026, Sprott Physical Gold Trust PHYS 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 Sprott Physical Gold Trust using these criteria to determine its compliance status.
Muslim investors may consider investing in Sprott Physical Gold Trust 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 Sprott Physical Gold Trust 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 Sprott Physical Gold Trust 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 Sprott Physical Gold Trust 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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