Is Silver Sands Resources Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Silver Sands Resources Corp (SAND.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 Silver Sands Resources 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 Silver Sands Resources Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Silver Sands Resources Corp?

Muslim investors may consider investing in Silver Sands Resources 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 Silver Sands Resources Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Silver Sands Resources 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 Silver Sands Resources Corp updated?

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

Can a halal stock like Silver Sands Resources 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 Silver Sands Resources Corp?

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

SAND.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 14, 2025

Report Source: 2026 1st Quarter Report

Silver Sands Resources Corp. Stock Analysis SAND.CN

Canada N/A Nano Cap Report: Q1, 2026

Silver Sands Resources Corp. engages in the business of mineral exploration and the acquisition of mineral property assets. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2019-11-27. The firm's principal business activities include the acquisition and exploration of mineral property assets. The firm acquired the Corner Pocket copper-zinc-silver-massive-sulphide project (Corner Pocket). The 6,400 hectares Corner Pocket Project lies approximately 25 kilometers (km) west-northwest of Corner Brook, Newfoundland. Corner Pocket is contiguous to the west, east and south of the York Harbour Metals Inc., which is a massive sulfide project.

Key Statistics of Silver Sands Resources Corp (SAND.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

23.50K

P/E Ratio (TTM)

52 Week Range

CAD0.03CAD0.19

Market Cap

1.23M

Avg. Volume

18.25K

Dividend Yield

Financial Metrics & Statements of Silver Sands Resources Corp (SAND.CN)

FAQ's for Silver Sands Resources Corp (SAND.CN)

According to Musaffa’s Shariah screening methodology, Silver Sands Resources Corp (SAND.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.