Is NAK (NAK) Halal?

AMEX Basic Materials Canada $708M
✓ HALAL
Confidence: 95/100
NAK (NAK) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 0.5% against the AAOIFI threshold of 30%, NAK comfortably passes the key financial ratio tests. The company operates in the Basic Materials sector (Other Industrial Metals & Mining), 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 0.5%
/ 30%
2.2%
/ 30%
0.0%
/ 30%
N/A ✓ HALAL
DJIM 0.5%
/ 33%
2.2%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
MSCI 2.5%
/ 33%
11.8%
/ 33%
0.1%
/ 33%
N/A ✓ HALAL
S&P 0.5%
/ 33%
2.2%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
FTSE 2.5%
/ 33%
11.8%
/ 33%
0.1%
/ 50%
N/A ✓ HALAL

Financial Highlights

EPS
$-0.11
P/B Ratio
16.3
EV/EBITDA
-30.0
EV: $666M
Revenue
$0
Beta
0.2
Low volatility
Current Ratio
0.7

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -95.8%
Return on Assets (ROA) -10.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$17M
Free Cash Flow-$17M
Total Debt$3M
Debt-to-Equity5.2
Current Ratio0.7
Total Assets$137M

Price & Trading

Last Close$1.24
50-Day MA$1.69
200-Day MA$1.57
Avg Volume10.8M
Beta0.2
52-Week Range
$0.73
$2.98

About NAK (NAK)

CEO
Mr. Ronald William Thiessen C.P.A., CA, F.C.A., FCPA
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Country
Canada
Exchange
AMEX
Market Cap
$708M
Currency
USD

Northern Dynasty Minerals Ltd. engages in the exploration of mineral properties in the United States. The company explores for copper, gold, molybdenum, silver, and rhenium deposits. It holds 100% interest in the Pebble Copper-Gold-Molybdenum-Silver-Rhenium project comprising 1,840 mineral claims that covers an area of approximately 274 square miles located in southwest Alaska, the United States. The company was formerly known as Northern Dynasty Explorations Ltd. and changed its name to Northern Dynasty Minerals Ltd. in October 1997. Northern Dynasty Minerals Ltd. was incorporated in 1983 and is based in Vancouver, Canada.

Related Halal Stocks in Basic Materials

Frequently Asked Questions

Is NAK (NAK) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), NAK 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 NAK's debt ratio?

NAK's debt ratio is 0.5% 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 2.5%.

What are NAK's key financial metrics?

NAK has a market capitalization of $708M. Return on equity stands at -95.8%.

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.