Scorpio Gold Corp SGLD.V
CAD0.24 CAD0.02 (7.69%) 1D
Last Updated: Oct 23, 12:00 AM·TSX
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Is Scorpio Gold Corp Stock Halal?
Shariah Compliance Analysis of SGLD.V Stock
Canada Materials Micro Cap No. As of October 2026, Scorpio Gold Corp (SGLD.V) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Scorpio Gold Corp does not pass Musaffa's business and financial screening criteria.
Scorpio Gold Corp. engages in the exploitation, exploration, and development of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2007-03-29. The Company’s Manhattan District is approximately 4,780-hectares and comprises the advanced exploration-stage Goldwedge Mine, with a 400-ton-per-day maximum capacity gravity mill, and four past-producing pits. Situated on the southern periphery of the Manhattan Caldera, approximately 16 kilometers (km) south of the over 15-million-ounce Round Mountain Mine is a 100% owned Manhattan property. This 6,071-acre property encompasses the Goldwedge Mine. The Goldwedge Mine is a fully permitted underground mine with over 600 meters of excavation.
SGLD.V Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Scorpio Gold Corp is classified as not halal.
NOT HALALScorpio Gold Corp (SGLD.V) Chart
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Financial Metrics & Statements of Scorpio Gold Corp (SGLD.V)
FAQ's for Scorpio Gold Corp (SGLD.V)
- As of October 2026, Scorpio Gold Corp SGLD.V is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Scorpio Gold Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Scorpio 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.
- Musaffa determines the Shariah status of Scorpio Gold Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Scorpio Gold Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Scorpio Gold Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Scorpio Gold Corp (SGLD.V)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
