Aero Energy Ltd

AERO.V

Not Compliant
Exchange
Sector
Headquarters
Group
Canadian Ventures Exchange
Energy
Canada
Micro cap

Aero Energy Ltd is not Shariah Compliant because it fails the financial ratios.

21.34%

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
$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
1.92
0.00%

Shariah Compliance

  • Updated on September 24, 2025
Debt
✓
Non-Compliant Assets
7.8%
✓
Impure Income
21.34%
✗

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
✓
Impure Income
21.34%
✗

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
✓
Impure Income
21.34%
✗

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
✓
Cash
4.84%
✓
Cash & AR
5.82%
✓
Impure Income
21.34%
✗

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
✓
Cash
4.84%
✓
Cash & AR
5.82%
✓
Impure Income
21.34%
✗

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
21.34%

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

Aero Energy Limited is a Canada-based North American uranium developer. The Company is advancing a district-scale 250,000-acre land package in Saskatchewan’s Uranium City district within the Athabasca Basin. Its properties include the Sun Dog Project, the Strike Project, and the Murmac Project. The Company can earn up to a 70% interest in the Strike Project and the Murmac Project and a 100% interest in the Sun Dog Project by making annual cash and share payments as well as completing certain amounts of work on each property. These projects target high-grade, basement-hosted uranium deposits, modern techniques to explore graphitic shear zones largely overlooked by historical efforts focused on surface prospects. The Sun Dog Property covers an area of approximately 19,604 hectares (ha) in nine mining claims. Its properties also include 100%-owned Apex Uranium Property, and the staked Huber Hills property, covering 1,044 ha in Nevada, encompassing the historic Race Track open pit mine.

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