Trekor Metals Limited

TGB: Is Trekor Metals Limited Halal?

Trekor Metals Limited

AMEXBasic MaterialsCA

$7.00

+8.19%

Market Cap: 2.6B

Compliance Status

Doubtful

Screened on Jul 17, 2026 · AAOIFI Standard 21

B

Acceptable

67Score

Is Trekor Metals Limited (TGB) halal? Doubtful. Based on AAOIFI screening, Trekor Metals Limited passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 67/100 (Grade: B).

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

28.9% of 30.0% limit

What this means for you

You may own TGB, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purify 0.6% of your income from TGB

That is about $0.60 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Trekor Metals Limited

Trekor Metals Limited is a mining company focused on the acquisition, development, and operation of mineral resource properties. Its exploration activities target deposits containing copper, molybdenum, gold, niobium, and silver. The company holds a 75% interest in the Gibraltar Mine in British Columbia and owns 100% of several major projects in the province, including the Yellowhead copper project, the Aley niobium project, and the New Prosperity gold-copper project. In addition, Taseko wholly owns the Florence Copper Project in Arizona, United States. Founded in 1966, the company is headquartered in Vancouver, British Columbia, Canada.

Sector: Basic Materials · Industry: Copper

Why This Stock Is Doubtful

  • Debt is 28.9% of market cap, only 1.1 points below the 30% AAOIFI limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

  1. Doubtfulnow

    since Jul 2026

  2. Not Halal

    until the change above

  3. Doubtful

    until the change above

  4. Not 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 Trekor Metals Limited (TGB) halal to invest in?
Trekor Metals Limited (TGB) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Trekor Metals Limited get a B compliance rating?
Trekor Metals Limited (TGB) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 28.9% (limit 30%); interest-bearing deposits of 7.4% (limit 30%); prohibited income of 0.58% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Trekor Metals Limited's Shariah verdict?
Trekor Metals Limited'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 Trekor Metals Limited re-screened for Shariah compliance?
Trekor Metals Limited (TGB) 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.