Cleantech Vanadium Mining Corp

CTV.V

Compliant
Exchange
Sector
Headquarters
Group
TSE
Basic Materials
Canada
Micro Cap

Cleantech Vanadium Mining Corp is Shariah Compliant. It passes 4/5 Shariah standards we screen against.

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Impure Income*

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Purification*

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Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
$0.00
0.00%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
0.00%
0.00%
0.00
0.80
0.00%

Shariah Compliance

Debt
19.73%
Non-Compliant Assets
0.31%
Impure Income

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
34.67%
Impure Income

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
30.54%
Impure Income

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
24.7%
Cash
5.94%
Cash & AR
6.05%
Impure Income

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
24.7%
Cash
5.94%
Cash & AR
6.05%
Impure Income

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

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Interest Income
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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

CleanTech Vanadium Mining Corp. is a Canada-based mining company focused on critical mineral resources in the United States. It has an option to acquire 8,150 acres of mineral rights with historic Fluorspar resources across multiple projects in the Illinois-Kentucky Fluorspar district. It also owns a 100% interest in the Gibellini Vanadium Mine Project in Nevada. The Gibellini Project is made up of 565 unpatented lodes and millsite claims held directly by Nevada Vanadium’s subsidiary, Nevada Vanadium LLC (the Gibellini Claim Area) and 40 unpatented lode claims held through a long-term lease agreement. The Gibellini Project hosts three separate vanadium deposits, each with a 43-101 compliant resource estimate. Its Campbell Crotser Fluorspar Project covers over 250 acres in Livingston County, Kentucky. Its El Triunfo Gold and Antimony Project is in the Bolivian department of La Paz, over 75 kilometers east of Bolivia’s capital city of La Paz, and it spans an area of 256 hectares.