What is Osisko Development Corp.'s Shariah compliance score?

Osisko Development Corp.'s (ODV) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Osisko Development Corp. pass AAOIFI screening?

Osisko Development Corp. (ODV) does not pass 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% (ODV: 43.9%), (3) interest-bearing deposits below 30% (ODV: 128.1%), and (4) prohibited income below 5% (ODV: 24.9%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Osisko Development Corp. stock?

Osisko Development Corp. (ODV) has a non-permissible income ratio of 24.89%. Muslim investors should purify this percentage of any dividends received and capital gains realized from ODV shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Osisko Development Corp. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Osisko Development Corp. (ODV) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about ODV's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

ODV: Is Osisko Development Corp. Halal?

Osisko Development Corp.

NYSEBasic MaterialsCA

$2.25

-5.46%

Market Cap: 329.3M

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Osisko Development Corp. (ODV) halal? Not Halal. Based on AAOIFI screening, Osisko Development Corp. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

43.9% of 30.0% limit

What this means for you

Most scholars advise not holding ODV

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Osisko Development Corp.

Osisko Development Corp., a gold mining company, focuses on identifying, evaluating, and bringing new mining projects to fruition. Its primary asset is the Cariboo Gold project, encompassing 2,071 square kilometers of mineral rights in British Columbia, Canada. The company also has holdings in the James Bay Properties located in Québec, Canada, as well as the San Antonio Gold Project and Guerrero Properties in Guerrero, Mexico. Osisko Development's headquarters are located in Montreal, Canada.

Sector: Basic Materials · Industry: Gold

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Not 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

Halal Alternatives in Basic Materials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

NWPXA+

NWPX Infrastructure, Inc.

$120.30

-0.24%

CRMLA+

Critical Metals Corp.

$10.15

+0.79%

GROYA+

Gold Royalty Corp.

$3.22

-1.44%

IDRA+

Idaho Strategic Resources, Inc.

$35.44

-1.80%

HLA+

Hecla Mining Company

$15.40

-0.90%

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DOW

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Frequently Asked Questions

Is Osisko Development Corp. (ODV) halal to invest in?

Osisko Development Corp. (ODV) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Osisko Development Corp. get a F compliance rating?

Osisko Development Corp. (ODV) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 43.9% (limit 30%); interest-bearing deposits of 128.1% (limit 30%); prohibited income of 24.89% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Osisko Development Corp.'s Shariah verdict?

Osisko Development Corp.'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 Osisko Development Corp. re-screened for Shariah compliance?

Osisko Development Corp. (ODV) 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 17, 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.