Is McEwen Mining Inc. (MUX) halal? Halal. Based on AAOIFI screening, McEwen Mining Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 85/100 (Grade: A).
MUX — Is McEwen Mining Inc. Halal?
HalalMcEwen Mining Inc.
$22.31
+2.53%
About McEwen Mining Inc.
McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina. The company also explores for copper deposits. It primarily owns a 100% interest in the Gold Bar mine in Eureka County, Nevada; the Black Fox gold mine in Ontario, Canada; the El Gallo Project and Fenix silver-gold project in Sinaloa, Mexico; the Los Azules copper deposit in San Juan, Argentina; and a portfolio of exploration properties in Nevada, Canada, Mexico, and Argentina. It also owns a 49% interest in the San José mine located in Argentina. The company was formerly known as US Gold Corporation and changed its name to McEwen Mining Inc. in January 2012. McEwen Mining Inc. was incorporated in 1979 and is headquartered in Toronto, Canada.
Sector: Basic Materials · Industry: Other Precious Metals
Shariah Compliance Status
Based on AAOIFI screening standards
Very Good
Strong compliance across all metrics
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
PassedFinancial ratios must be below AAOIFI thresholds
Compliance History
Halalnow
since Jun 2026
Not Halal
until the change above
Tracked since Jun 2026. Updates automatically on each re-screen.
Purify Your MUX Dividends
0.7% non-compliant incomeMUX has 0.7% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
1.3B
Price
$22.31
Sector
Basic Materials
Industry
Other Precious Metals
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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.