Is Orla Mining Ltd. (ORLA) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 2.6% / 30% | 0.1% / 30% | 3.15% / 5% | ✓ HALAL |
| DJIM | 0.0% / 33% | 2.6% / 33% | 0.1% / 33% | 3.15% / 5% | ✓ HALAL |
| MSCI | 0.4% / 33% | 26.9% / 33% | 1.5% / 33% | 3.15% / 5% | ✓ HALAL |
| S&P | 0.0% / 33% | 2.6% / 33% | 0.1% / 33% | 3.15% / 5% | ✓ HALAL |
| FTSE | 0.4% / 33% | 26.9% / 33% | 1.5% / 50% | 3.15% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 66.9% | |
| Operating Margin | 51.9% | |
| Net Margin | 10.1% | |
| Return on Equity (ROE) | 18.4% | |
| Return on Assets (ROA) | 22.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $175M |
| Free Cash Flow | $145M |
| Total Debt | $2M |
| Debt-to-Equity | 55.8 |
| Current Ratio | 1.1 |
| Total Assets | $598M |
Price & Trading
| Last Close | $13.81 |
| 50-Day MA | $17.07 |
| 200-Day MA | $12.91 |
| Avg Volume | 2.2M |
| Beta | 1.1 |
|
52-Week Range
$7.08
| |
About Orla Mining Ltd. (ORLA)
Orla Mining Ltd. acquires, explores, develops, and exploits mineral properties. It explores gold, silver, zinc, lead, and copper deposits. The company owns 100% interests in the Camino Rojo project that consists of seven concessions covering an area of 138,636 hectares located in Zacatecas, Mexico; Cerro Quema project totaling an area of 15,000 hectares located in the Azuero Peninsula, Panama; and the South Railroad project consisting of an area of 21,000 hectares located in Elko, Nevada. It also holds interest in acquisition of the Musselwhite Gold Mine project located in Ontario, Canada. The company was formerly known as Red Mile Minerals Corp. and changed its name to Orla Mining Ltd. in June 2015. Orla Mining Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.
Purification Calculator
As a halal stock with 3.15% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Orla Mining Ltd. (ORLA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Orla Mining Ltd. 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 Orla Mining Ltd.'s debt ratio?
Orla Mining Ltd.'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%.
Does Orla Mining Ltd. require dividend purification?
Yes, Orla Mining Ltd. has an impermissible income ratio of 3.15%, which means 3.15% 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 Orla Mining Ltd.'s key financial metrics?
Orla Mining Ltd. has a market capitalization of $5.0B, trailing P/E ratio of 48.7, and revenue of $344M. The company maintains a gross margin of 66.9% and a net margin of 10.1%. Return on equity stands at 18.4%.
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.