Is Galiano Gold Inc. (GAU) halal? Halal. Based on AAOIFI screening, Galiano Gold Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 73/100 (Grade: B+).

Galiano Gold Inc.

GAU: Is Galiano Gold Inc. Halal?

Halal

Galiano Gold Inc.

AMEXBasic MaterialsCA

$2.03

-8.97%

Purify ~1.1% of income

About Galiano Gold Inc.

Galiano Gold Inc. engages in the exploration, development, and production of gold properties. The company's primary asset is the Asanko Gold Mine located in Ghana, West Africa. The company was formerly known as Asanko Gold Inc. and changed its name to Galiano Gold Inc. in May 2020. Galiano Gold Inc. was incorporated in 1999 and is headquartered in Vancouver, Canada.

Sector: Basic Materials 路 Industry: Gold

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 14, 2026
B+

Good

Good compliance with minor concerns

73Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap6.7% / 30.0%

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 14, 2026Fiscal: FY 2025Source: FMP

Purify Your GAU Dividends

1.1% non-compliant income

GAU has 1.1% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

529.9M

Price

$2.03

Sector

Basic Materials

Industry

Gold

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Frequently Asked Questions

Is Galiano Gold Inc. (GAU) halal to invest in?
Based on AAOIFI Standard 21 screening, Galiano Gold Inc. (GAU) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Galiano Gold Inc. get a B+ compliance rating?
Galiano Gold Inc. (GAU) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 6.7% (limit 30%); interest-bearing deposits of 19.7% (limit 30%); prohibited income of 1.08% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Galiano Gold Inc.'s Shariah verdict?
Galiano Gold Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Galiano Gold Inc. re-screened for Shariah compliance?
Galiano Gold Inc. (GAU) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 14, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.