Is CNL (CNL) Halal?

AMEX Basic Materials United States $1.4B
✓ HALAL
Confidence: 95/100
CNL (CNL) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 0.0% against the AAOIFI threshold of 30%, CNL comfortably passes the key financial ratio tests. The company operates in the Basic Materials sector (Gold), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.0%
/ 30%
2.4%
/ 30%
0.0%
/ 30%
N/A ✓ HALAL
DJIM 0.0%
/ 33%
2.4%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
MSCI 0.4%
/ 33%
91.5%
/ 33%
0.2%
/ 33%
N/A ✗ NOT HALAL
S&P 0.0%
/ 33%
2.4%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
FTSE 0.4%
/ 33%
91.5%
/ 33%
0.2%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-0.51
P/B Ratio
21.0
EV/EBITDA
-39.5
EV: $1.3B
Revenue
$0
Beta
0.9
Average volatility
Current Ratio
4.6

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -120.3%
Return on Assets (ROA) -43.7%

Cash Flow & Balance Sheet

Operating Cash Flow-$23M
Free Cash Flow-$23M
Total Debt$155,527
Debt-to-Equity2.8
Current Ratio4.6
Total Assets$43M

Price & Trading

Last Close$14.16
50-Day MA$17.02
200-Day MA$13.11
Avg Volume67K
Beta0.9
52-Week Range
$7.56
$21.24

About CNL (CNL)

CEO
Mr. Ned Jalil
Employees
102
Sector
Basic Materials
Industry
Gold
Country
United States
Exchange
AMEX
Market Cap
$1.4B
Currency
USD

Collective Mining Ltd. engages in the acquisition, exploration, and development of mineral properties located in Colombia. The company explores for gold, silver, copper, and tungsten deposits. Its flagship project is the 100% interest in the Guayabales project consisting of exploration titles, exploration applications, and two option agreements and a number of surface rights option agreements. The Guayabales Project is located in the Middle Cauca belt in the Department of Caldas, Colombia. The company is headquartered in Miami, Florida.

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Frequently Asked Questions

Is CNL (CNL) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), CNL is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is CNL's debt ratio?

CNL's debt ratio is 0.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.4%.

What are CNL's key financial metrics?

CNL has a market capitalization of $1.4B. Return on equity stands at -120.3%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.