What is GoldMining Inc.'s Shariah compliance score?

GoldMining Inc. (GLDG) has a Shariah compliance score of 93/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does GoldMining Inc. pass AAOIFI screening?

GoldMining Inc. (GLDG) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (GLDG: 0.1%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for GoldMining Inc. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for GoldMining Inc. (GLDG) using the latest financial data.

Where can I screen GoldMining Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for GoldMining Inc. (GLDG) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about GLDG's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

GLDG: Is GoldMining Inc. Halal?

GoldMining Inc.

AMEXBasic MaterialsCA

$1.04

+0.97%

Market Cap: 223.4M

Compliance Status

Halal

Screened on Sep 2, 2026 · AAOIFI Standard 21

A+

Excellent

93Score

Is GoldMining Inc. (GLDG) halal? Halal. Based on AAOIFI screening, GoldMining Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 93/100 (Grade: A+).

Quote this verdict

HalalScreener rates GoldMining Inc. (GLDG) Halal, 93/100, grade A+ under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/GLDG

AvoidBorderlineClean

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%.

0.1% of 30.0% limit

What this means for you

You can own GLDG

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

Purification amount is Pro

We have screened GLDG's prohibited income, but the exact share you would need to purify is part of Pro.

About GoldMining Inc.

GoldMining Inc. is a mineral exploration firm primarily focused on acquiring, prospecting, and advancing gold projects throughout the Americas. The company manages a diverse portfolio of resource-stage gold and gold-copper properties situated in various countries, including Canada, the United States, Brazil, Colombia, and Peru. Key projects within its portfolio include the La Mina Gold Project and Titiribi Gold-Copper Project in Colombia, the Whistler Gold-Copper Project located in Alaska, USA, and the São Jorge Gold Project, which is found in the State of Pará, northeastern Brazil. The organization, founded in 2009, was previously known as Brazil Resources Inc. before officially changing its name to GoldMining Inc. in December 2016. Its corporate headquarters are located in Vancouver, Canada.

Sector: Basic Materials · Industry: Gold

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 2, 2026

Compliance History

Halalnow
since Aug 2026
Under Review
until the change above
Halal
until the change above

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

Fiscal: FY 2025Data source: FMP

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Frequently Asked Questions

Is GoldMining Inc. (GLDG) halal to invest in?

Based on AAOIFI Standard 21 screening, GoldMining Inc. (GLDG) is rated Halal with a compliance grade of A+ (Excellent). 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 GoldMining Inc. get a A+ compliance rating?

GoldMining Inc. (GLDG) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change GoldMining Inc.'s Shariah verdict?

GoldMining 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 GoldMining Inc. re-screened for Shariah compliance?

GoldMining Inc. (GLDG) 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: Sep 2, 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.