WIA Gold Ltd WIGLF
WIGLF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, WIA Gold Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
WIA Gold Ltd. Stock Analysis WIGLF
United States Materials Small Cap WIA Gold Ltd. engages in the identification, exploration, and production of gold and base metals. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2011-03-09. The Company’s Kokoseb Gold Project is located in north-west Namibia approximately 320 kilometers by road from the capital city of Windhoek. The Kokoseb Gold Project lies within the Okombahe Exploration License, which is held under a joint venture by the Company (80%) and the Namibian state-owned mining company, Epangelo. The Okombahe EL is part of its broader Damaran Belt tenure in Namibia, which consists of approximately 12 tenements across a total area of over 2,700 square kilometers (km2).
WIA Gold Ltd (WIGLF) Chart
Financial Metrics & Statements of WIA Gold Ltd (WIGLF)
FAQ's for WIA Gold Ltd (WIGLF)
- As of August 2026, WIA Gold Ltd WIGLF 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 WIA Gold Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in WIA 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.
- Musaffa determines the Shariah status of WIA Gold 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 WIA Gold 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 WIA Gold Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for WIA Gold Ltd (WIGLF)
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