Comstock Inc. (LODE) - Not Halal (Non-Compliant)
Comstock Inc. (LODE) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Basic Materials
- Industry
- Other Precious Metals & Mining
- Result
- Pass
- Reason
- The sector "Basic Materials" and industry "Other Precious Metals & Mining" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 10.6% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 11.0% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 53.5% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 53.51%.Based on the company's financial statements, approximately 53.51% of dividend income should be donated to charity for purification. This is derived from identified interest income (53.51% of total income). Some scholars may differ on the exact calculation method.
About Comstock Inc.
Comstock Inc. commercializes technologies, systems, and supply chains that extract, process, and convert under-utilized waste and natural resources into clean energy and clean energy supporting products in the United States. It operates through the Fuels, Metals, Mining, and Strategic Investments segments. The company develops and commercializes technology that extracts and converts wasted and unused lignocellulosic biomass into intermediates for refining into advanced renewable fuels. It also owns 100% in the Lucerne Project located in the Storey County, Nevada; and the Spring Valley Project situated in the Lyon County, Nevada. In addition, the company offers engineering and construction services; and invests in non-mining real estate, water rights, and securities investments. Comstock Inc. company was incorporated in 1999 and is based in Virginia City, Nevada.
Frequently Asked Questions
Is Comstock Inc. (LODE) stock halal to invest in?
According to AAOIFI Shariah screening standards, Comstock Inc. (LODE) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

