Galiano Gold Inc.

GAU: Is Galiano Gold Inc. Halal?

Galiano Gold Inc.

AMEXBasic MaterialsCA

$1.82

+1.11%

Market Cap: 475.4M

Compliance Status

Halal

Screened on Jul 15, 2026 · AAOIFI Standard 21

B

Acceptable

69Score

Is Galiano Gold Inc. (GAU) halal? Halal. Based on AAOIFI screening, Galiano Gold Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 69/100 (Grade: B).

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

7.8% of 30.0% limit

What this means for you

You can own GAU

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 1.1% of your income from GAU

That is about $1.10 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Galiano Gold Inc.

Galiano Gold Inc. is an enterprise actively involved in the prospecting, development, and extraction of gold resources. Its principal holding is the Asanko Gold Mine, strategically located in Ghana, West Africa. The company, initially established in 1999, underwent a name change in May 2020, transitioning from its former identity as Asanko Gold Inc. Galiano Gold Inc.'s corporate headquarters are situated in Vancouver, Canada.

Sector: Basic Materials · Industry: Gold

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 15, 2026

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Galiano Gold Inc. (GAU) halal to invest in?
Based on AAOIFI Standard 21 screening, Galiano Gold Inc. (GAU) is rated Halal with a compliance grade of B (Acceptable). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Galiano Gold Inc. get a B compliance rating?
Galiano Gold Inc. (GAU) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 7.8% (limit 30%); interest-bearing deposits of 22.8% (limit 30%); prohibited income of 1.08% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Galiano Gold Inc.'s Shariah verdict?
Galiano Gold Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Galiano Gold Inc. re-screened for Shariah compliance?
Galiano Gold Inc. (GAU) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 15, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.