Is Soma Gold Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Soma Gold Corp (SOMA.V) is currently classified as NOT HALAL as of January 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 Soma 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 Soma Gold Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Soma Gold Corp?

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

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

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

Can a halal stock like Soma 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 Soma Gold Corp?

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

SOMA.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 30, 2026

Report Source: 2025 3rd Quarter Report

Soma Gold Corp. Stock Analysis SOMA.V

Canada Materials Micro Cap Report: Q3, 2025

Soma Gold Corp. engages in the acquisition, exploration, and development of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2010-11-19. The firm is focused on gold production and exploration. The company is engaged in the business of acquiring, exploring, developing, and operating mining properties in South America. The company owns two adjacent mining properties in Antioquia, Colombia with a combined milling capacity of 675 tpd. The firm's principal operation is the El Bagre Gold Mining Complex (El Bagre), which consists of an operating gold processing plant (the El Bagre Mill) and the Cordero underground mine. The El Limon Project (El Limon) is adjacent to the El Bagre Project and includes a past producing underground mine and a gold processing plant with a capacity of approximately 225 tpd. The firm also owns an exploration property, Tucuma Exploration Project (Tucuma), a copper/gold exploration project, which is located in the Carajas metallogenic province in the State of Para, Brazil. Its exploration projects include the Nechi Project, the Zara Project, and the Otu Project.

Key Statistics of Soma Gold Corp (SOMA.V)

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

Today's Range

CAD0.88CAD0.96

Today's Open

CAD0.94

Volume

328.25K

P/E Ratio (TTM)

52 Week Range

CAD0.87CAD2.56

Market Cap

129.91M

Avg. Volume

241.23K

Dividend Yield

Financial Metrics & Statements of Soma Gold Corp (SOMA.V)

FAQ's for Soma Gold Corp (SOMA.V)

According to Musaffa’s Shariah screening methodology, Soma Gold Corp (SOMA.V) is currently classified as NOT HALAL as of January 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.