Is Unigold Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Unigold Inc (UGD.V) is currently classified as NOT HALAL as of April 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 Unigold Inc 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 Unigold Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Unigold Inc?

Muslim investors may consider investing in Unigold Inc 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 Unigold Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Unigold Inc 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 Unigold Inc updated?

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

Can a halal stock like Unigold Inc 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 Unigold Inc?

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

UGD.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 11, 2026

Report Source: 2025 3rd Quarter Report

Analyst's Ratings for Unigold Inc (UGD.V)

Based on 9 analysts giving stock ratings to Unigold Inc in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Unigold Inc. Stock Analysis UGD.V

Canada Materials Micro Cap Report: Q3, 2025

Unigold, Inc. is a natural resource company, which engages in the exploration and development of gold properties. The firm is focused primarily on exploring and developing its gold assets in the Dominican Republic. The Candelones oxide gold deposit is within the 100% owned Neita Fase II exploration concession located in Dajabon province, in the northwest part of the Dominican Republic. The Candelones project area is about 20 kilometers south of the town of Restauracion. The oxide deposit occurs at the surface as a result of the tropical weathering of underlying mineralization. The company owns 100% of the exploration rights for gold, silver, zinc, copper, and all associated minerals on the Neita Norte and Neita Sur Properties in the northwestern Dominican Republic. The Candelones Project is composed of two distinct mineralization zones: the Candelones Main and Connector (CMC) and the Candelones Extension (CE). The Neita Norte Exploration Concession covers approximately 10,902 hectares. Neita Sur is an Exploitation Concession covering over 9,990 hectares.

Key Statistics of Unigold Inc (UGD.V)

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

Today's Range

CAD0.28CAD0.29

Today's Open

CAD0.29

Volume

11.12K

P/E Ratio (TTM)

52 Week Range

CAD0.07CAD0.47

Market Cap

112.78M

Avg. Volume

354.14K

Dividend Yield

Financial Metrics & Statements of Unigold Inc (UGD.V)

FAQ's for Unigold Inc (UGD.V)

According to Musaffa’s Shariah screening methodology, Unigold Inc (UGD.V) is currently classified as NOT HALAL as of April 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.