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Shariah compliance overview

Not Halal

NovaGold Resources Inc. (NG) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About NovaGold Resources Inc.

NovaGold Resources Inc. (NG) is an enterprise primarily engaged in the discovery and advancement of gold mining properties, with its operational focus predominantly within the United States.

NovaGold Resources Inc. (NG) operates in the Basic Materials sector, in the Gold industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

Business Activity
100.00%Limit 5%Fail
Interest-bearing debt
7.13%Limit 30%Pass
Interest-bearing securities and assets
4.93%Limit 30%Pass
Dividend purification
100.00%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about NovaGold Resources Inc. (NG). Current Akinda screening label: Not Halal.