TSX Shariah screener · October 2026
Is F3 Uranium Inc. (FUU) Halal?
F3 Uranium Inc. · TSXV: FUU · Energy
The short answer
No — F3 Uranium (FUU) fails this Shariah stock screen. Its uranium exploration business (Patterson Lake North, Athabasca Basin) is permissible, but interest income of $189,018 for the 3 months ended March 31, 2026 ($500,450 for 9 months) was the company's only income — it is pre-revenue — far above the 5% non-compliant income limit. No Zoya, Musaffa, or ShariaPortfolio rating was found for this ticker — honestly reported as absent, not invented.
Gate 1 — Business activity: PASS
F3 Uranium Inc. (TSXV:FUU) is a uranium exploration company (Patterson Lake North, Athabasca Basin); its fiscal year ends June 30. No alcohol, pork, gambling, conventional interest-based lending, tobacco, cannabis, weapons, or adult-entertainment lines were disclosed. Gate 1 passes. Facts only.
Gate 2 — Debt and cash: Not assessed — income gate decisive
With the income gate failed, the debt ratio does not change the outcome. For reference, the company has a Denison 9% convertible debenture maturing October 18, 2028 (conversion price $0.56), but no debt ratio is asserted here. Market cap was roughly C$82.14M (C$0.12, October 1, 2026). Facts only.
Gate 3 — Non-compliant income: FAIL
The Q3 FY2026 interim financial statements disclose a separate interest-income line of $189,018 for the 3 months ended March 31, 2026 ($500,450 for 9 months), while the company is pre-revenue with nil sales. Interest is effectively 100% of the company's income, far above the 5% non-compliant income limit. Gate 3 fails. Facts only.
Key figures used
- Interest income: $189,018 (3 mo) / $500,450 (9 mo) ended Mar 31, 2026 (Q3 FY2026 interim FS) — separately disclosed; revenue nil (pre-revenue)
- Debt: Denison 9% convertible debenture (matures Oct 18, 2028, conv. price $0.56) — figure not asserted (moot)
- Market cap: ~C$82.14M (C$0.12, Oct 1, 2026)
- Business: uranium exploration (Patterson Lake North, Athabasca Basin) — no haram segments
Frequently asked questions
Is F3 Uranium (FUU) halal?
No. F3 Uranium fails this Shariah stock screen. Its uranium exploration business (Patterson Lake North, Athabasca Basin) is permissible, but interest income of $189,018 for the 3 months ended March 31, 2026 ($500,450 for 9 months) was the company's only income — it is pre-revenue — far above the 5% limit for non-compliant income. This is a factual screen, not a religious ruling — consult a qualified scholar for personal guidance.
What is F3 Uranium's debt-to-market-cap ratio?
No debt ratio is asserted in this screen: with the income gate failed, the debt ratio does not change the outcome. For reference, the company has a Denison 9% convertible debenture maturing October 18, 2028 (conversion price $0.56), and market cap was roughly C$82.14M (C$0.12, October 1, 2026).
What does F3 Uranium do?
F3 Uranium Inc. (TSXV:FUU) is a uranium exploration company (Patterson Lake North, Athabasca Basin); its fiscal year ends June 30.
How much interest income does F3 Uranium earn relative to revenue?
The Q3 FY2026 interim financial statements disclose a separate interest-income line of $189,018 for the 3 months ended March 31, 2026 ($500,450 for 9 months), while the company is pre-revenue with nil sales. Interest is effectively 100% of the company's income, far above the 5% ceiling.
Where can I find more energy stock screeners?
See halal-stock-verdicts.html for the full list of stock screeners, including the other energy-sector entries.
Sources
- F3 Uranium — Q3 FY2026 interim financial statements (3/9 months ended Mar 31, 2026): $189,018 / $500,450 interest income; nil revenue
- Finnhub — FUU.V quote (C$0.12, Oct 1, 2026)
Screened 2026-10-01 from published company figures and market data. Figures change; this page is educational, not financial advice and not a religious ruling.