TSX Shariah screener · October 2026
Is Rock Tech Lithium Inc. (RCK) Halal?
Rock Tech Lithium Inc. · TSXV: RCK · Materials
The short answer
No — Rock Tech Lithium (RCK) fails this Shariah stock screen. Its lithium development business (Guben converter, Georgia Lake project) is permissible and it carries essentially no debt, but interest income of $18,684 in Q1 2026 was the company's only income — it is pre-revenue — far above the 5% non-compliant income limit. (The separate interest-income line is established in the Q1 2026 and Q3 2025 financial statements; the Q2 2026 interim FS itself was not retrieved.) No Zoya, Musaffa, or ShariaPortfolio rating was found for this ticker — honestly reported as absent, not invented.
Gate 1 — Business activity: PASS
Rock Tech Lithium Inc. (TSXV:RCK) is a lithium development company advancing the Guben converter and the Georgia Lake project; its Q2 2026 MD&A describes it as a development-stage company with no current revenue. 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: PASS
Interest-bearing debt is essentially nil — debt ÷ market cap is about 0% against a market cap of roughly C$78.65M (C$0.63, October 1, 2026), well under the ~33% ceiling. Cash of about C$2.3M (June 30, 2026) is about 2.9% of market cap. Gate 2 passes. Facts only.
Gate 3 — Non-compliant income: FAIL
The financial statements disclose a separate interest-income line of $18,684 in Q1 2026 ($38,246 for 9 months in the Q3 2025 FS), 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: $18,684 (Q1 2026) / $38,246 (9 mo, Q3 2025 FS) — separately disclosed; revenue nil (pre-revenue)
- Interest-bearing debt: essentially nil; debt ÷ market cap ≈ 0%
- Market cap: ~C$78.65M (C$0.63, Oct 1, 2026); cash ~C$2.3M ≈ 2.9%
- Business: lithium development (Guben converter, Georgia Lake project) — no haram segments
- Note: Q2 2026 interim FS not retrieved; separate interest-income line established in Q1 2026 and Q3 2025 FS
Frequently asked questions
Is Rock Tech Lithium (RCK) halal?
No. Rock Tech Lithium fails this Shariah stock screen. Its lithium development business (Guben converter, Georgia Lake project) is permissible and it carries essentially no debt, but interest income of $18,684 in Q1 2026 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 Rock Tech Lithium's debt-to-market-cap ratio?
About 0%. Interest-bearing debt is essentially nil, against a market cap of roughly C$78.65M (C$0.63, October 1, 2026) — well under the ~33% ceiling.
What does Rock Tech Lithium do?
Rock Tech Lithium Inc. (TSXV:RCK) is a lithium development company advancing the Guben converter and the Georgia Lake project; its Q2 2026 MD&A describes it as a development-stage company with no current revenue.
How much interest income does Rock Tech Lithium earn relative to revenue?
The financial statements disclose a separate interest-income line of $18,684 in Q1 2026 ($38,246 for 9 months in the Q3 2025 FS), 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 materials stock screeners?
See halal-stock-verdicts.html for the full list of stock screeners, including the other materials-sector entries.
Sources
- Rock Tech Lithium — Q2 2026 MD&A (filed Aug 31, 2026): development-stage, no current revenue
- Finnhub — RCK.V quote (C$0.63, 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.