Is Sky Gold Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Sky Gold Corp (SKYG.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 Sky 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 Sky Gold Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Sky Gold Corp?

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

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

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

Can a halal stock like Sky 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 Sky Gold Corp?

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

SKYG.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 17, 2025

Report Source: 2025 3rd Quarter Report

Sky Gold Corp. Stock Analysis SKYG.V

Canada N/A Nano Cap Report: Q3, 2025

Sky Gold Corp. engages in the exploration and pursuit of multiple mineral properties in Canada and the United States. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2008-12-30. The firm is engaged in acquiring and advancing mineral properties in Canada and the United States. The Company’s properties include Evening Star, Greenwater Lake, Kekekuab Lake, Sun Gold, Star Lake, and KA Property. Its Shebandowan base and precious-metals project, comprising 10,487 hectares, is situated 70 kilometers west of the City of Thunder Bay. Its Shebandowan project consists of a nickel-copper-cobalt-platinum group element (Ni-Cu-Co-PGE). The Evening Star property is located in west central Nevada in Mineral County and is comprised of approximately 43 unpatented mineral lode claims totaling over 660 acres. The property covers two formerly produced mines, the Evening Star mine and the Gold Bug mine. The Star Lake property is located in northwestern Ontario, approximately 60 kilometers west of Thunder Bay.

Key Statistics of Sky Gold Corp (SKYG.V)

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

Today's Range

CAD0.05CAD0.06

Today's Open

CAD0.05

Volume

439.00K

P/E Ratio (TTM)

52 Week Range

CAD0.02CAD0.10

Market Cap

4.34M

Avg. Volume

137.98K

Dividend Yield

Financial Metrics & Statements of Sky Gold Corp (SKYG.V)

FAQ's for Sky Gold Corp (SKYG.V)

According to Musaffa’s Shariah screening methodology, Sky Gold Corp (SKYG.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.