Is Rio2 Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Rio2 Ltd (RIO.V) 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 Rio2 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 Rio2 Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Rio2 Ltd?

Muslim investors may consider investing in Rio2 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 Rio2 Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Rio2 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 Rio2 Ltd updated?

The Shariah compliance status of Rio2 Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Rio2 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 Rio2 Ltd?

You can check the latest Shariah compliance status of Rio2 Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

RIO.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 18, 2026

Report Source: 2025 Annual Report

Rio2 Ltd. Stock Analysis RIO.V

Canada Materials Small Cap Report: 2025 Annual

Rio2 Ltd. is a mining company. The company is headquartered in Vancouver, British Columbia. The firm is focused on its Fenix Gold Project in Chile. The Fenix Gold Project, 37,291 hectares, is located in Atacama Region, in the Copiapo Province, Chile, specifically in the Maricunga Mineral Belt, approximately 160 kilometers northeast of Copiapo by International Road CH-31. The company is an undeveloped gold heap leach project in the Americas. The Fenix Gold is a mining district that contains over 70 million ounces of gold and hosts the La Coipa and Refugio mines, as well as the Volcan, Caspiche, Lobo Marte and Cerro Casale deposits. The Company’s subsidiary is Fenix Gold Limitada.

Key Statistics of Rio2 Ltd (RIO.V)

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

Today's Range

CAD2.67CAD2.95

Today's Open

CAD2.91

Volume

4.87M

P/E Ratio (TTM)

52 Week Range

CAD0.60CAD3.57

Market Cap

715.65M

Avg. Volume

2.65M

Dividend Yield

Financial Metrics & Statements of Rio2 Ltd (RIO.V)

FAQ's for Rio2 Ltd (RIO.V)

According to Musaffa’s Shariah screening methodology, Rio2 Ltd (RIO.V) 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.