Is Pasinex Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Pasinex Resources Ltd (PSE.CN) 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 Pasinex Resources Ltd 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 Pasinex Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Pasinex Resources Ltd?

Muslim investors may consider investing in Pasinex Resources Ltd 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 Pasinex Resources Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Pasinex Resources Ltd 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 Pasinex Resources Ltd updated?

The Shariah compliance status of Pasinex Resources Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Pasinex Resources Ltd 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 Pasinex Resources Ltd?

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

PSE.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 15, 2025

Report Source: 2025 1st Quarter Report

Analyst's Ratings for Pasinex Resources Ltd (PSE.CN)

Based on 5 analysts giving stock ratings to Pasinex Resources Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Pasinex Resources Ltd. Stock Analysis PSE.CN

Canada Materials Nano Cap Report: Q1, 2025

Pasinex Resources Ltd. engages in the acquisition, exploration and development of mineral properties. The company is headquartered in Toronto, Ontario. The company went IPO on 2007-05-23. The firm is engaged in exploration and development of high-grade zinc-lead-silver properties in mineral-rich parts of Turkey, and Nevada, United States of America. The Company’s projects include Pinargozu Zinc Mine, Sarikaya Zinc Project, Gunman Project, and Akkaya Zinc. Pinargozu Zinc Mine is located 28 kilometers (km) north of Kozan, Turkey in the eastern part of the Taurus Mountain range. Sarikaya Zinc Project is a high-grade, carbonate-hosted zinc project in Kayseri Province, Turkey. The firm holds a 51% interest in the Gunman Project, which consists of a high-grade zinc exploration project located in Nevada. The Akkaya property is located 1.5 kilometers north of the Pinargozu Mine on the Horzum Zinc Trend (HZT), a known northeast trending zinc mineralized belt of carbonate-dominated sedimentary rocks in Adana.

Key Statistics of Pasinex Resources Ltd (PSE.CN)

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

Today's Range

CAD0.11CAD0.11

Today's Open

CAD0.10

Volume

280.50K

P/E Ratio (TTM)

52 Week Range

CAD0.03CAD0.12

Market Cap

18.43M

Avg. Volume

119.35K

Dividend Yield

Financial Metrics & Statements of Pasinex Resources Ltd (PSE.CN)

FAQ's for Pasinex Resources Ltd (PSE.CN)

According to Musaffa’s Shariah screening methodology, Pasinex Resources Ltd (PSE.CN) 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.