Is TMQ (TMQ) Halal?
Shariah Screening — 5 Standards
Based on financial data from November 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 7.5% / 30% | 0.0% / 30% | N/A | ✓ HALAL |
| DJIM | 0.0% / 33% | 7.5% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| MSCI | 0.1% / 33% | 32.8% / 33% | 0.1% / 33% | N/A | ✓ HALAL |
| S&P | 0.0% / 33% | 7.5% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| FTSE | 0.1% / 33% | 32.8% / 33% | 0.1% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -32.9% | |
| Return on Assets (ROA) | -4.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$3M |
| Free Cash Flow | -$3M |
| Total Debt | $111,000 |
| Debt-to-Equity | 0.1 |
| Current Ratio | 1.6 |
| Total Assets | $157M |
Price & Trading
| Last Close | $3.33 |
| 50-Day MA | $4.51 |
| 200-Day MA | $3.52 |
| Avg Volume | 5.0M |
| Beta | 1.5 |
|
52-Week Range
$1.13
| |
About TMQ (TMQ)
Trilogy Metals Inc. engages in the exploration and development of mineral properties in the United States. It primarily explores copper, cobalt, lead, zinc, gold, and silver properties. The company principally holds interests in the Upper Kobuk mineral projects that include the Arctic, which contains polymetallic volcanogenic massive sulfide deposits; and Bornite that contains carbonate-hosted copper-cobalt deposits covering an area of approximately 448,217 acres located in the Ambler mining district in Northwest Alaska. The company was formerly known as NovaCopper Inc. and changed its name to Trilogy Metals Inc. in September 2016. Trilogy Metals Inc. was founded in 2004 and is headquartered in Vancouver, Canada.
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Frequently Asked Questions
Is TMQ (TMQ) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TMQ 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 TMQ's debt ratio?
TMQ'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 0.1%.
What are TMQ's key financial metrics?
TMQ has a market capitalization of $580M. Return on equity stands at -32.9%.
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.