Is TRX Gold Corp halal to invest in?

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

Can Muslims buy shares of TRX Gold Corp?

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

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

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

Can a halal stock like TRX 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 TRX Gold Corp?

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

TRX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 06, 2026

Report Source: 2026 1st Quarter Report

Analyst's Ratings for TRX Gold Corp (TRX)

Based on 7 analysts giving stock ratings to TRX Gold Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

TRX Gold Corp. Stock Analysis TRX

United States Materials Small Cap Report: Q1, 2026

TRX Gold Corp. engages in the exploration, development, and production of mineral property interests in the United Republic of Tanzania. The firm is engaged in the exploration, development and production of mineral property interests in the United Republic of Tanzania. The Buckreef Project's prospects include Buckreef, Bingwa, Tembo, Eastern Porphyry and Buziba. The Buckreef Project encompasses three main mineralized zones: Buckreef South, Buckreef Main and Buckreef North. The firm produces gold at its 2,000 tons per day processing plant. The Buckreef Gold Project hosts a Measured and Indicated Mineral Resource of 10.8 million tonnes (MT) at 2.57 grams per tonne (g/t) gold containing 893,000 ounces (oz) of gold and an Inferred Mineral Resource of 9.1 MT at 2.47 g/t gold for 726,000 oz of gold. Its Eastern Porphyry and Anfield zones are located approximately 250 m to 700 metres (m) east of the Buckreef Main Zone.

Key Statistics of TRX Gold Corp (TRX)

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

Today's Range

$1.11$1.15

Today's Open

$1.15

Volume

3.24M

P/E Ratio (TTM)

597.78

52 Week Range

$0.30$2.80

Market Cap

364.76M

Avg. Volume

3.92M

Dividend Yield

Financial Metrics & Statements of TRX Gold Corp (TRX)

FAQ's for TRX Gold Corp (TRX)

According to Musaffa’s Shariah screening methodology, TRX Gold Corp (TRX) is currently classified as NOT HALAL as of February 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.