Is NEW PACIFIC METALS CORP (NEWP) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 2.0% / 30% | 0.0% / 30% | N/A | ✓ HALAL |
| DJIM | 0.0% / 33% | 2.0% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| MSCI | 0.0% / 33% | 12.5% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| S&P | 0.0% / 33% | 2.0% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| FTSE | 0.0% / 33% | 12.5% / 33% | 0.0% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -2.8% | |
| Return on Assets (ROA) | -2.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$3M |
| Free Cash Flow | -$6M |
| Current Ratio | 41.4 |
| Total Assets | $135M |
Price & Trading
| Last Close | $3.68 |
| 50-Day MA | $4.13 |
| 200-Day MA | $2.76 |
| Avg Volume | 1.1M |
| Beta | 2.4 |
|
52-Week Range
$0.93
| |
About NEW PACIFIC METALS CORP (NEWP)
New Pacific Metals Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Bolivia. The company primarily explores for silver and gold deposits. Its flagship property is the 100% owned Silver Sand property, which covers an area of 5.42 square kilometers located in the Potosí Department, in Southwestern Bolivia. The company was formerly known as New Pacific Holdings Corp. and changed its name to New Pacific Metals Corp. in July 2017. New Pacific Metals Corp. is headquartered in Vancouver, Canada.
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Frequently Asked Questions
Is NEW PACIFIC METALS CORP (NEWP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NEW PACIFIC METALS CORP 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 NEW PACIFIC METALS CORP's debt ratio?
NEW PACIFIC METALS CORP'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 0.0%.
What are NEW PACIFIC METALS CORP's key financial metrics?
NEW PACIFIC METALS CORP has a market capitalization of $713M. Return on equity stands at -2.8%.
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.