Is Ubique Minerals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Ubique Minerals Ltd (UBQ.CN) 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 Ubique Minerals Ltd 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 Ubique Minerals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Ubique Minerals Ltd?

Muslim investors may consider investing in Ubique Minerals 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.

Why is Ubique Minerals Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Ubique Minerals Ltd 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 Ubique Minerals Ltd updated?

The Shariah compliance status of Ubique Minerals Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Ubique Minerals Ltd 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 Ubique Minerals Ltd?

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

UBQ.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 16, 2025

Report Source: 2024 3rd Quarter Report

Ubique Minerals Ltd. Stock Analysis UBQ.CN

Canada N/A Nano Cap Report: Q3, 2024

Ubique Minerals Ltd. is an exploration stage company. The company is headquartered in Toronto, Ontario. The company went IPO on 2018-09-11. The firm is focused on exploration of its Daniel’s Harbour zinc property in Newfoundland, and is also engaged in exploration in Namibia, Africa along with actively searching for other projects around the world. The firm owns eight mineral licenses comprising 155 Claim Units, in the Daniels Harbour area, around the former Daniel’s Harbour zinc mine, situated approximately 10 kilometers (km) northeast of the town of Daniel’s Harbour on the west coast of Newfoundland. The firm has interests in Resource 500 V Ltd (R500), which has acquired exploration Licenses (EPLs) in the Otavi Mountain Land of northern Namibia. The company includes Tsumeb and Kombat.

Key Statistics of Ubique Minerals Ltd (UBQ.CN)

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

Today's Range

CAD0.03CAD0.03

Today's Open

CAD0.03

Volume

9000.00

P/E Ratio (TTM)

52 Week Range

CAD0.05CAD0.22

Market Cap

2.84M

Avg. Volume

50.01K

Dividend Yield

Financial Metrics & Statements of Ubique Minerals Ltd (UBQ.CN)

FAQ's for Ubique Minerals Ltd (UBQ.CN)

According to Musaffa’s Shariah screening methodology, Ubique Minerals Ltd (UBQ.CN) 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.