Is West Mining Corp halal to invest in?

According to Musaffa's Shariah screening methodology, West Mining Corp (WEST.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 West Mining 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 West Mining Corp using these criteria to determine its compliance status.

Can Muslims buy shares of West Mining Corp?

Muslim investors may consider investing in West Mining 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 West Mining Corp classified as NOT HALAL?

Musaffa determines the Shariah status of West Mining 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 West Mining Corp updated?

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

Can a halal stock like West Mining 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 West Mining Corp?

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

WEST.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 18, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for West Mining Corp (WEST.CN)

Based on 7 analysts giving stock ratings to West Mining Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

West Mining Corp. Stock Analysis WEST.CN

Canada N/A Nano Cap Report: Q2, 2025

West Mining Corp. operates as a mineral exploration company, which focuses on the acquisition and exploration of advanced and prospective early-stage projects. The firm is engaged in exploring copper, gold and silver on its 100% owned Junkers Property in north-central British Columbia and its 100% owned Spanish Mountain West Property in central British Columbia. The Junker Property is located in British Columbia's Toodoggone district, known as the Golden Horseshoe part of the Golden Triangle in the Omineca/Liard mining division. The property area is underlain by lower to middle Jurassic marine sedimentary and volcanic rock of the Hazelton group geology. The Spanish Mountain West Property consists of four prospective mineral claims with over 1,000 hectares in the Spanish Mountain Gold Camp. Portions of the property included ground under the GAP, CEDAR CREEK and Jun 11 showings. The company also holds 100% interest in Kena Property, which it has optioned to Upside Gold Corp.

Key Statistics of West Mining Corp (WEST.CN)

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

Today's Range

CAD0.05CAD0.06

Today's Open

CAD0.07

Volume

212.69K

P/E Ratio (TTM)

52 Week Range

CAD0.02CAD0.13

Market Cap

2.38M

Avg. Volume

47.88K

Dividend Yield

Financial Metrics & Statements of West Mining Corp (WEST.CN)

FAQ's for West Mining Corp (WEST.CN)

According to Musaffa’s Shariah screening methodology, West Mining Corp (WEST.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.