Century Global Commodities Corp

CNT.TO

Compliant
Exchange
Sector
Headquarters
Group
The Toronto Stock Exchange
Basic Materials
Hong Kong
Micro cap

Century Global Commodities Corp is Shariah Compliant. It passes 5/5 Shariah standards we screen against.

0.43%

Impure Income*

$0.000

Purification*

$0.001

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Micro cap
0
$0
$0.00
$0.00
0
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
11.15%
-5.11%
-7.45%
1.93
2.84
0.00%

Shariah Compliance

Debt
0.87%
Non-Compliant Assets
27.49%
Impure Income
0.43%

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
0.97%
Impure Income
0.43%

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
1.26%
Impure Income
0.43%

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
0.27%
Cash
7.94%
Cash & AR
17.71%
Impure Income
0.43%

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
0.27%
Cash
7.94%
Cash & AR
17.71%
Impure Income
0.43%

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
0.43%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Century Global Commodities Corporation is a Hong-Kong based exploration and development company. The Company holds interest in various iron exploration properties. The Company’s iron exploration properties are located in Quebec, Newfoundland and Labrador. The Company’s portfolio projects include Attikamagen JV Properties, Sunny Lake JV properties and Duncan Lake JV Magnetite Project. The Company holds 60% interest in Attikamagen JV Properties. The Attikamagen JV properties include the Joyce Lake DSO Project and Hayot Lake Deposit. The Hayot Lake Deposit hosts taconite resource. The Company holds interest in Sunny Lake JV Properties. The Sunny Lake JV properties include the Full Moon Project, which is a taconite deposit and Blackbird DSO Deposit, which has a National Instrument (NI)-43-101 mineral resource estimate. The Company also holds 65% interest in Duncan Lake JV Magnetite Project.

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