
AAUC: Is Allied Gold Corporation Halal?
Allied Gold Corporation
$20.96
-4.20%
Market Cap: 2.6B
Compliance Status
Halal
Screened on Jul 17, 2026 · AAOIFI Standard 21
Good
Is Allied Gold Corporation (AAUC) halal? Halal. Based on AAOIFI screening, Allied Gold Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 79/100 (Grade: B+).
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You can own AAUC
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
No purification owed
Based on the latest screening, none of its income comes from prohibited sources.
About Allied Gold Corporation
Allied Gold Corporation, together with its subsidiaries, explores and produces mineral deposits in Africa. It primarily explores for gold and silver ores. The company’s flagship project is the Sadiola gold project, an open pit mine located in the Republic of Mali. It also holds interest in the Bonikro and Hiré mines located in Côte d’Ivoire; and the Agbaou mine located in Côte d’Ivoire. In addition, the company holds 100% interest in the Kurmuk gold project located in Ethiopia. The company was formerly known as Allied Gold Corp Limited & Allied Merger Corporation and changed its name to Allied Gold Corporation in September 2023. Allied Gold Corporation is based in Toronto, Canada.
Sector: Basic Materials · Industry: Other Precious Metals
Shariah Compliance Status
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.
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Frequently Asked Questions
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Screened according to AAOIFI Standard No. 21 · 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.