Metalla Royalty & Streaming Ltd (MTA) is classified as Halal (Shariah-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: 1.8% | Threshold: 30% | Result: Pass
Cash & Interest-bearing Securities Ratio
Value: 1.5% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements. No purification is required based on available data.
About Metalla Royalty & Streaming Ltd
Metalla Royalty & Streaming Ltd., a precious metals royalty and streaming company, engages in the acquisition and management of gold, silver, copper royalties, streams, and related production-based interests in Canada. The company operates in Australia, Brazil, Mexico, and the United States. The company was formerly known as Excalibur Resources Ltd. and changed its name to Metalla Royalty & Streaming Ltd. in December 2016. Metalla Royalty & Streaming Ltd. was incorporated in 1983 and is headquartered in Vancouver, Canada.
Frequently Asked Questions
Is Metalla Royalty & Streaming Ltd (MTA) stock halal to invest in?
According to AAOIFI Shariah screening standards, Metalla Royalty & Streaming Ltd (MTA) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does Metalla Royalty & Streaming Ltd have any interest income?
Metalla Royalty & Streaming Ltd's interest income ratio is 1.5% of total revenue. AAOIFI standards require this to be below 30%.
No non-permissible income detected in the financial statements. No purification is required based on available data.
Uses quarterly data
About Metalla Royalty & Streaming Ltd
Metalla Royalty & Streaming Ltd., a precious metals royalty and streaming company, engages in the acquisition and management of gold, silver, copper royalties, streams, and related production-based interests in Canada. The company operates in Australia, Brazil, Mexico, and the United States. The company was formerly known as Excalibur Resources Ltd. and changed its name to Metalla Royalty & Streaming Ltd. in December 2016. Metalla Royalty & Streaming Ltd. was incorporated in 1983 and is headquartered in Vancouver, Canada.
CanadaAMEXBasic Materials
Screened using AAOIFI Standard No. 21 on October 16, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on Oct 16, 2026. We started recording changes on Oct 19, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, Metalla Royalty & Streaming Ltd (MTA) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Metalla Royalty & Streaming Ltd's interest income ratio is 1.5% of total revenue. AAOIFI standards require this to be below 30%.
MTA is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
Metalla Royalty & Streaming Ltd's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
You can save MTA to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Dividends from Metalla Royalty & Streaming Ltd require purification. Approximately 0.00% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
What guidelines are used to determine if MTA stock is Shariah-compliant?
MTA is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is Metalla Royalty & Streaming Ltd stock reviewed for Shariah compliance?
Metalla Royalty & Streaming Ltd's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on Metalla Royalty & Streaming Ltd's compliance status?
You can save MTA to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Are dividends from Metalla Royalty & Streaming Ltd stock considered halal?
Dividends from Metalla Royalty & Streaming Ltd require purification. Approximately 0.00% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Do I need to pay Zakat on my Metalla Royalty & Streaming Ltd shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
