Allied Gold Corporation

AAUC: Is Allied Gold Corporation Halal?

Allied Gold Corporation

NYSEBasic MaterialsCA

$20.96

-4.20%

Market Cap: 2.6B

Compliance Status

Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

B+

Good

79Score

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.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

6.4% of 30.0% limit

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

AAOIFI Standard 21Updated Jul 17, 2026

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.

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Allied Gold Corporation (AAUC) halal to invest in?
Based on AAOIFI Standard 21 screening, Allied Gold Corporation (AAUC) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Allied Gold Corporation get a B+ compliance rating?
Allied Gold Corporation (AAUC) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 6.4% (limit 30%); interest-bearing deposits of 18.2% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Allied Gold Corporation's Shariah verdict?
Allied Gold Corporation's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Allied Gold Corporation re-screened for Shariah compliance?
Allied Gold Corporation (AAUC) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 17, 2026.

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.