Is Waraba Gold Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Waraba Gold Ltd (WBGD.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 Waraba Gold 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 Waraba Gold Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Waraba Gold Ltd?

Muslim investors may consider investing in Waraba Gold 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 Waraba Gold Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Waraba Gold 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 Waraba Gold Ltd updated?

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

Can a halal stock like Waraba Gold 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 Waraba Gold Ltd?

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

WBGD.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 16, 2025

Report Source: 2025 3rd Quarter Report

Waraba Gold Ltd. Stock Analysis WBGD.CN

Canada N/A Nano Cap Report: Q3, 2025

Waraba Gold Ltd. operates as a resource exploration company, which engages in the acquisition and exploration of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2018-10-11. The firm is engaged in acquiring and exploring mineral properties. The firm operates in two geographical areas: Canada and Mali. The firm's flagship project is Fokolore Gold Project located in West Mali. The Fokolore Permit is in the highly prospective Birimian Greenstone Belt.

Key Statistics of Waraba Gold Ltd (WBGD.CN)

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

Today's Range

CAD0.36CAD0.40

Today's Open

CAD0.62

Volume

54.65K

P/E Ratio (TTM)

52 Week Range

CAD0.07CAD12.96

Market Cap

35.70M

Avg. Volume

13.56K

Dividend Yield

Financial Metrics & Statements of Waraba Gold Ltd (WBGD.CN)

FAQ's for Waraba Gold Ltd (WBGD.CN)

According to Musaffa’s Shariah screening methodology, Waraba Gold Ltd (WBGD.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.