What is Agnico Eagle Mines Limited's Shariah compliance score?

Agnico Eagle Mines Limited (AEM) has a Shariah compliance score of 94/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Agnico Eagle Mines Limited pass AAOIFI screening?

Agnico Eagle Mines Limited (AEM) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (AEM: 0.4%), (3) interest-bearing deposits below 30% (AEM: 4.0%), and (4) prohibited income below 5% (AEM: 0.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Agnico Eagle Mines Limited stock?

Agnico Eagle Mines Limited (AEM) has a non-permissible income ratio of 0.44%. Muslim investors should purify this percentage of any dividends received and capital gains realized from AEM shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Agnico Eagle Mines Limited for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Agnico Eagle Mines Limited (AEM) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about AEM's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

AEM: Is Agnico Eagle Mines Limited Halal?

Agnico Eagle Mines Limited

NYSEBasic MaterialsCA

$166.85

+0.11%

Market Cap: 83.4B

Compliance Status

Halal

Screened on Jul 14, 2026 · AAOIFI Standard 21

A+

Excellent

94Score

Is Agnico Eagle Mines Limited (AEM) halal? Halal. Based on AAOIFI screening, Agnico Eagle Mines Limited passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 94/100 (Grade: A+).

AvoidBorderlineClean

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%.

0.4% of 30.0% limit

What this means for you

You can own AEM

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 0.4% of your income from AEM

That is about $0.40 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Agnico Eagle Mines Limited

Agnico Eagle Mines Limited is engaged in the discovery, growth, and operation of mineral sites across Canada, Mexico, and Finland. The company organizes its business into Northern and Southern segments. Primarily, it focuses on the extraction and sale of gold, while also exploring for deposits of silver, zinc, and copper. Its principal asset is the LaRonde mine, located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2021, the LaRonde mine reported proven and probable gold reserves totaling approximately 3.0 million ounces. Additionally, the company conducts exploration efforts in various international regions, including Europe, Latin America, and the United States. Founded in 1953, Agnico Eagle Mines Limited maintains its corporate headquarters in Toronto, Canada.

Sector: Basic Materials · Industry: Gold

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 14, 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

More Basic Materials Stocks

LIN

Linde plc

APD

Air Products and Chemicals, Inc.

ECL

Ecolab Inc.

CTVA

Corteva, Inc.

A+

DuPont de Nemours, Inc.

B+

DOW

Dow Inc.

Free · No credit card required

Track AEM and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Agnico Eagle Mines Limited (AEM) halal to invest in?

Based on AAOIFI Standard 21 screening, Agnico Eagle Mines Limited (AEM) is rated Halal with a compliance grade of A+ (Excellent). 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 Agnico Eagle Mines Limited get a A+ compliance rating?

Agnico Eagle Mines Limited (AEM) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.4% (limit 30%); interest-bearing deposits of 4.0% (limit 30%); prohibited income of 0.44% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Agnico Eagle Mines Limited's Shariah verdict?

Agnico Eagle Mines Limited'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 Agnico Eagle Mines Limited re-screened for Shariah compliance?

Agnico Eagle Mines Limited (AEM) 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 14, 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.