Is Galiano Gold Inc. (GAU) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 4.7% / 30% | 12.9% / 30% | 1.0% / 30% | 1.82% / 5% | ✓ HALAL |
| DJIM | 4.7% / 33% | 12.9% / 33% | 1.0% / 33% | 1.82% / 5% | ✓ HALAL |
| MSCI | 7.8% / 33% | 21.1% / 33% | 1.7% / 33% | 1.82% / 5% | ✓ HALAL |
| S&P | 4.7% / 33% | 12.9% / 33% | 1.0% / 33% | 1.82% / 5% | ✓ HALAL |
| FTSE | 7.8% / 33% | 21.1% / 33% | 1.7% / 50% | 1.82% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 39.2% | |
| Operating Margin | -105.7% | |
| Net Margin | -8.9% | |
| Return on Equity (ROE) | -13.1% | |
| Return on Assets (ROA) | 3.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $158M |
| Free Cash Flow | $43M |
| Total Debt | $37M |
| Debt-to-Equity | 16.7 |
| Current Ratio | 0.9 |
| Total Assets | $599M |
Price & Trading
| Last Close | $2.21 |
| 50-Day MA | $2.87 |
| 200-Day MA | $2.32 |
| Avg Volume | 3.8M |
| Beta | 1.5 |
|
52-Week Range
$1.00
| |
About Galiano Gold Inc. (GAU)
Galiano Gold Inc. operates as a gold mining company. It owns a 90% interest in the Asanko Gold Mine consists of the Nkran, Esaase, Abore, and Miradani North open-pit mining areas located on the Asankrangwa Gold Belt in the Amansie West District of the Republic of Ghana, West Africa. The company was formerly known as Asanko Gold Inc. and changed its name to Galiano Gold Inc. in April 2020. Galiano Gold Inc. was incorporated in 1999 and is headquartered in Vancouver, Canada.
Purification Calculator
As a halal stock with 1.82% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Galiano Gold Inc. (GAU) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Galiano Gold Inc. 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 Galiano Gold Inc.'s debt ratio?
Galiano Gold Inc.'s debt ratio is 4.7% 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 7.8%.
Does Galiano Gold Inc. require dividend purification?
Yes, Galiano Gold Inc. has an impermissible income ratio of 1.82%, which means 1.82% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Galiano Gold Inc.'s key financial metrics?
Galiano Gold Inc. has a market capitalization of $595M, and revenue of $448M. The company maintains a gross margin of 39.2% and a net margin of -8.9%. Return on equity stands at -13.1%.
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.