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). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Agnico Eagle Mines Limited pass AAOIFI screening?

Agnico Eagle Mines Limited (AEM) passes AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. AEM's debt-to-market-cap is 0.3%.

How much purification is needed for Agnico Eagle Mines Limited?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the percentage and amount for Agnico Eagle Mines Limited (AEM) 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 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

AEMHalalA+

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Compliance Status

Halal

Screened on Oct 19, 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+).

Quote this verdict

HalalScreener rates Agnico Eagle Mines Limited (AEM) Halal, 94/100, grade A+ under AAOIFI Standard 21, screened Oct 19, 2026. Source: https://halalscreener.app/en/stock/AEM

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%.

0.3% of 30.0% limit

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

What this means for you

You can own AEM

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

Purification amount is Pro

We have screened AEM's prohibited income, but the exact share you would need to purify is part of Pro.

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AEM: Is Agnico Eagle Mines Limited Halal?

Agnico Eagle Mines Limited

NYSEBasic MaterialsCA

$189.53

+1.05%

Market Cap: 96.0B

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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 Oct 19, 2026

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Screened according to AAOIFI Standard 21

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: Q2 2026Data source: FMP

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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 0.3% (limit 30%). 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: Oct 19, 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.