ArcWest Exploration Inc

AWX.V

Not Compliant
Exchange
Sector
Headquarters
Group
Canada
Micro cap

ArcWest Exploration Inc is not Shariah Compliant because it fails the financial ratios.

14.15%

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
10.81
0.00%

Shariah Compliance

  • Updated on October 23, 2025
Debt
0.00%
✓
Non-Compliant Assets
2.65%
✓
Impure Income
14.15%
✗

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
0.00%
✓
Impure Income
14.15%
✗

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
0.00%
✓
Impure Income
14.15%
✗

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
0.00%
✓
Cash
58.53%
✗
Cash & AR
58.53%
✗
Impure Income
14.15%
✗

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
0.00%
✓
Cash
58.53%
✗
Cash & AR
58.53%
✗
Impure Income
14.15%
✗

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
14.15%

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

ArcWest Exploration Inc. is a Canada-based project generator focused on porphyry copper-gold exploration opportunities throughout western North America. The Company is in possession of seven 100% owned copper-gold projects throughout British Columbia’s (BC’s) premier porphyry copper-gold districts. Its projects include Oweegee Dome, Todd Creek, Eagle, Rip, Sparrowhawk, Lemare and Teeta Creek & NVI. Its 21,343 hectares (ha) Todd Creek project is situated in BC’s Golden Triangle and adjoins Pretium’s Brucejack mine property. Todd Creek is located 45 kilometers (km) southeast of the giant KSM-Iron Cap porphyry Cu-Au deposits. Its 31,077-hectare Oweegee Dome porphyry Cu-Mo-Au project is located 45 km east of Seabridge Gold’s supergiant KSM-Iron Cap porphyry Cu-Au project and 40 km east of Tudor Gold’s Treaty Creek Au-Ag-Cu project. The Rip Property is a copper molybdenum porphyry (Cu-Mo-Au) prospect located in the Skeena Arch approximately 60 km south of Houston, BC.

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