What is First Majestic Silver Corp.'s Shariah compliance score?

First Majestic Silver Corp. (AG) has a Shariah compliance score of 81/100 (Grade: A, Very Good) 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 First Majestic Silver Corp. pass AAOIFI screening?

First Majestic Silver Corp. (AG) 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% (AG: 3.9%), (3) interest-bearing deposits below 30% (AG: 12.0%), and (4) prohibited income below 5% (AG: 1.2%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for First Majestic Silver Corp. stock?

First Majestic Silver Corp. (AG) has a non-permissible income ratio of 1.17%. Muslim investors should purify this percentage of any dividends received and capital gains realized from AG 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 First Majestic Silver Corp. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for First Majestic Silver Corp. (AG) 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 AG's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

AG: Is First Majestic Silver Corp. Halal?

First Majestic Silver Corp.

NYSEBasic MaterialsCA

$17.72

-1.56%

Market Cap: 8.7B

Compliance Status

Halal

Screened on Jul 14, 2026 · AAOIFI Standard 21

Very Good

81Score

Is First Majestic Silver Corp. (AG) halal? Halal. Based on AAOIFI screening, First Majestic Silver Corp. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 81/100 (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%.

3.9% of 30.0% limit

What this means for you

You can own AG

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

Purify 1.2% of your income from AG

That is about $1.20 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About First Majestic Silver Corp.

First Majestic Silver Corp. is a North American mining company dedicated to the exploration, acquisition, development, and operation of mineral properties, primarily concentrating on silver and gold output. The company fully owns and operates a portfolio of significant mining assets. In Mexico, these include the San Dimas Silver/Gold Mine (71,868 hectares in Durango and Sinaloa), the Santa Elena Silver/Gold Mine (102,244 hectares in Sonora), the La Encantada Silver Mine (4,076 hectares in Coahuila, complemented by 1,343 hectares of surface rights), the La Parrilla Silver Mine (69,478 hectares in Durango), the Del Toro Silver Mine (comprising 3,815 hectares of mining concessions and 219 hectares of surface rights in Zacatecas), the San Martin Silver Mine (12,795 hectares across 33 mining concessions in Jalisco), and the La Guitarra Silver Mine (39,714 hectares). Beyond Mexico, its holdings extend to the Jerritt Canyon gold mine, spanning approximately 30,821 hectares in Elko County, Nevada. Additionally, First Majestic maintains an interest in the Springpole project, a gold and silver prospect encompassing around 41,913 hectares in Ontario, Canada. Established in 1979, the firm initially operated as First Majestic Resource Corp. before adopting its current name, First Majestic Silver Corp., in November 2006. Its corporate headquarters are located in Vancouver, Canada.

Sector: Basic Materials · Industry: Silver

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

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Frequently Asked Questions

Is First Majestic Silver Corp. (AG) halal to invest in?

Based on AAOIFI Standard 21 screening, First Majestic Silver Corp. (AG) is rated Halal with a compliance grade of A (Very 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 First Majestic Silver Corp. get a A compliance rating?

First Majestic Silver Corp. (AG) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 3.9% (limit 30%); interest-bearing deposits of 12.0% (limit 30%); prohibited income of 1.17% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change First Majestic Silver Corp.'s Shariah verdict?

First Majestic Silver Corp.'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 First Majestic Silver Corp. re-screened for Shariah compliance?

First Majestic Silver Corp. (AG) 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.