Optegra Ventures Inc

OPTG.V

Compliant
Exchange
Sector
Headquarters
Group
TSX
Basic Materials
Canada
Micro cap

Optegra Ventures Inc is Shariah Compliant. It passes 4/5 Shariah standards we screen against.

0.13%

Impure Income*

-

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Micro cap
0
$0.00
$0.00
$0.00
0
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
0.00%
0.00%
0.00%
0.00
0.14
0.00%

Shariah Compliance

  • Updated on April 14, 2025
Debt
80.92%
✗
Non-Compliant Assets
✓
Impure Income
0.13%
✓

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
16.33%
✓
Impure Income
0.13%
✓

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
23.72%
✓
Impure Income
0.13%
✓

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
9.82%
✓
Cash
0.42%
✓
Cash & AR
0.42%
✓
Impure Income
0.13%
✓

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
9.82%
✓
Cash
0.42%
✓
Cash & AR
0.42%
✓
Impure Income
0.13%
✓

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
0.13%

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

Optegra Ventures Inc. is a Canada-based company. The Company is engaged in the principal business activity of exploration of mineral properties. It has an 88% interest in the Cumberland and Compass Creek Projects and 100% in the Mt. Turner Project through its 100% ownership of KNX Resources Ltd (KNX). The Cumberland Property has over five granted exploration permits covering approximately 25,024 hectares (ha), 30 kilometer (km) from Georgetown, North Queensland, approximately 70 km northwest of the Kidston gold mine. The Compass Creek Property has over three granted exploration permits covering 6,400 ha in Pine Creek goldfield, 130 km from Darwin, and 28 km north of Kirkland Lake’s Union Reefs mill. The Mt. Turner Property has a two granted exploration permit covering 6,000 ha, over 30 kilometers northeast of Cumberland to host high-grade epithermal mineralization and large bulk tonnage copper-molybdenum (with gold and silver) porphyry mineralization.

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