As of August 2026, Usha Resources Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Usha Resources Ltd. Stock Analysis USHAF
United States N/A Nano Cap
Usha Resources Ltd. is a junior exploration company, which focuses on exploring and advancing early stage precious and base metal projects across North America. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2018-10-12. Its portfolio of strategic properties provides target-rich diversification and includes Southern Arm, a copper-gold VMS project in Quebec, Jackpot Lake, a lithium brine project in Nevada and White Willow, a lithium pegmatite project in Ontario. The Southern Arm property comprises approximately 4,200 hectares of prospective ground in the metal-rich northwest Abitibi sub province. The Jackpot Lake Lithium Brine Property is located within Clark County, 35 kilometers northeast of Las Vegas, Nevada, and consists of 140 mineral claims that total 2,800 acres. The White Willow Lithium-Tantalum Property comprises 720 mining claims located in the Thunder Bay Mining Division of Ontario. Its projects also include Lee Lake, Mead, Gathering Lake and Triangle Lake, and Bluett.
Usha Resources Ltd (USHAF) Chart
Financial Metrics & Statements of Usha Resources Ltd (USHAF)
FAQ's for Usha Resources Ltd (USHAF)
As of August 2026, Usha Resources Ltd USHAF 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 Usha Resources Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Usha Resources 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 Usha Resources 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 Usha Resources 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 Usha Resources 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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