Is Sprott Physical Gold Trust halal to invest in?

According to Musaffa's Shariah screening methodology, Sprott Physical Gold Trust (PHYS) is currently classified as NOT HALAL as of March 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 Sprott Physical Gold Trust 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 Sprott Physical Gold Trust using these criteria to determine its compliance status.

Can Muslims buy shares of Sprott Physical Gold Trust?

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.

Why is Sprott Physical Gold Trust classified as NOT HALAL?

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.

How often is the Shariah compliance for Sprott Physical Gold Trust updated?

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.

Can a halal stock like Sprott Physical Gold Trust 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 Sprott Physical Gold Trust?

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.

PHYS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 27, 2026

Report Source: 2025 Annual Report

Sprott Physical Gold Trust. Stock Analysis PHYS

United States N/A Large Cap Report: 2025 Annual

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.

Key Statistics of Sprott Physical Gold Trust (PHYS)

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

Today's Range

$34.16$34.57

Today's Open

$34.47

Volume

2.11M

P/E Ratio (TTM)

10.01

52 Week Range

$24.07$42.07

Market Cap

17.88B

Avg. Volume

3.00M

Dividend Yield

Financial Metrics & Statements of Sprott Physical Gold Trust (PHYS)

FAQ's for Sprott Physical Gold Trust (PHYS)

According to Musaffa’s Shariah screening methodology, Sprott Physical Gold Trust (PHYS) is currently classified as NOT HALAL as of March 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.