Is TII (TII) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 9.7% / 30% | 3.1% / 30% | 1.2% / 30% | 0.49% / 5% | ✓ HALAL |
| DJIM | 9.7% / 33% | 3.1% / 33% | 1.2% / 33% | 0.49% / 5% | ✓ HALAL |
| MSCI | 58.4% / 33% | 18.4% / 33% | 7.3% / 33% | 0.49% / 5% | ✗ NOT HALAL |
| S&P | 9.7% / 33% | 3.1% / 33% | 1.2% / 33% | 0.49% / 5% | ✓ HALAL |
| FTSE | 58.4% / 33% | 18.4% / 33% | 7.3% / 50% | 0.49% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 23.8% | |
| Operating Margin | 23.6% | |
| Net Margin | -0.1% | |
| Return on Equity (ROE) | -2.2% | |
| Return on Assets (ROA) | 7.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $14M |
| Free Cash Flow | $12M |
| Total Debt | $32M |
| Debt-to-Equity | 697.4 |
| Current Ratio | 0.7 |
| Total Assets | $55M |
Price & Trading
| Last Close | $2.77 |
| 50-Day MA | $3.79 |
| 200-Day MA | $2.37 |
| Avg Volume | 911K |
| Beta | -0.2 |
|
52-Week Range
$0.37
| |
About TII (TII)
Titan Mining Corporation, a natural resource company, acquires, explores, develops, produces, and extracts mineral properties. The company explores for zinc and graphite, as well as iron-oxide copper gold deposits. Its principal asset is the Empire State Mine project covering an area of approximately 80,000 acres located in the Balmat– Edwards mining district in northern New York. The company was formerly known as Triton Mining Corporation and changed its name to Titan Mining Corporation in November 2016. Titan Mining Corporation was incorporated in 2012 and is headquartered in Vancouver, Canada.
Purification Calculator
As a halal stock with 0.49% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is TII (TII) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TII 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 TII's debt ratio?
TII's debt ratio is 9.7% 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 58.4%.
Does TII require dividend purification?
Yes, TII has an impermissible income ratio of 0.49%, which means 0.49% 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 TII's key financial metrics?
TII has a market capitalization of $273M, trailing P/E ratio of inf, and revenue of $64M. The company maintains a gross margin of 23.8% and a net margin of -0.1%. Return on equity stands at -2.2%.
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.