Theta Gold Mines Ltd TGMGF
$0.25
Last Updated: Jul 08, 12:00 AM·OOTC
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TGMGF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Theta Gold Mines Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Theta Gold Mines Ltd. Stock Analysis TGMGF
United States Materials Micro Cap Theta Gold Mines Ltd. is a mining company, which engages in the exploration of gold deposit. The firm holds a range of prospective gold assets through its subsidiary, Transvaal Gold Mining Estate Ltd (TGME), in a South African gold mining region. TGME Project phase one consists of four existing mines, including Beta, Frankfort, CDM and the Rietfontein mine. The Project is located next to the historical gold mining town of Pilgrim’s Rest, in the Mpumalanga Province, some 370km northeast of Johannesburg or 95 km north of Nelspruit (the Provincial Capital City) and includes more than 43 historical mines identified across the prospective gold field of 620 square kilometers. Beta Mine is a producing mine in the Pilgrim’s Rest area. Rietfontein quartz reef is near vertical, sitting in a 16 km long structure which has been mined and partly drilled over 3.5 km. The Glynns Mine is located near the town of Sabie in northeast South Africa. Its subsidiary is Theta Gold SA (Pty) Ltd.
Theta Gold Mines Ltd (TGMGF) Chart
Financial Metrics & Statements of Theta Gold Mines Ltd (TGMGF)
FAQ's for Theta Gold Mines Ltd (TGMGF)
- As of August 2026, Theta Gold Mines Ltd TGMGF 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 Theta Gold Mines Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Theta Gold Mines Ltd 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 Theta Gold Mines Ltd 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 Theta Gold Mines Ltd 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 Theta Gold Mines Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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