Is Riley Gold Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Riley Gold Corp (RLYG.V) 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 Riley 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 Riley Gold Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Riley Gold Corp?

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

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

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

Can a halal stock like Riley 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 Riley Gold Corp?

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

RLYG.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 14, 2025

Report Source: 2025 1st Quarter Report

Riley Gold Corp. Stock Analysis RLYG.V

Canada N/A Nano Cap Report: Q1, 2025

Riley Gold Corp. is a mining exploration and development company. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2015-01-08. The Company’s assets include the Pipeline West/Clipper Gold Project located in the Battle Mountain Eureka Trend (within the Cortez District) and the Tokop Gold Project located within the Walker Lane Trend. The 100% owned and controlled Tokop Gold Property is located in Esmeralda County (Tokop Mining District), approximately 80 km south of Tonopah and includes 21 square kilometers of unpatented mining claims and patented (fee) lands. The Pipeline West/Clipper project is located in Lander County (Cortez District), approximately 80 km southwest of Elko. The Pipeline West/Clipper Gold Project encompasses approximately 24.7 square kilometers (9.5 square miles) of unpatented mining claims and patented (fee) lands.

Key Statistics of Riley Gold Corp (RLYG.V)

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

Today's Range

CAD0.53CAD0.54

Today's Open

CAD0.53

Volume

2500.00

P/E Ratio (TTM)

52 Week Range

CAD0.13CAD0.69

Market Cap

25.31M

Avg. Volume

11.83K

Dividend Yield

Financial Metrics & Statements of Riley Gold Corp (RLYG.V)

FAQ's for Riley Gold Corp (RLYG.V)

According to Musaffa’s Shariah screening methodology, Riley Gold Corp (RLYG.V) 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.