Avino Silver & Gold Mines Ltd.

ASM: Is Avino Silver & Gold Mines Ltd. Halal?

Avino Silver & Gold Mines Ltd.

AMEXBasic MaterialsCA

$6.88

+7.84%

Market Cap: 1.2B

Compliance Status

Halal

Screened on Aug 31, 2026 · AAOIFI Standard 21

A

Very Good

84Score

Is Avino Silver & Gold Mines Ltd. (ASM) halal? Halal. Based on AAOIFI screening, Avino Silver & Gold Mines Ltd. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 84/100 (Grade: A).

Quote this verdict

HalalScreener rates Avino Silver & Gold Mines Ltd. (ASM) Halal, 84/100, grade A under AAOIFI Standard 21, screened Aug 31, 2026. Source: https://halalscreener.app/en/stock/ASM

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%.

0.5% of 30.0% limit

What this means for you

You can own ASM

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

Purification amount is Pro

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

About Avino Silver & Gold Mines Ltd.

Headquartered in Vancouver, Canada, Avino Silver & Gold Mines Ltd. (ASM), along with its subsidiaries, is dedicated to the acquisition, exploration, and development of mineral properties, primarily targeting silver, gold, and copper deposits. The company maintains an extensive portfolio of mineral rights across Mexico and Canada. Within Mexico, specifically in the state of Durango, Avino holds interests in 42 mineral claims and four leased mineral claims. This includes the Avino mine area, comprising four exploration concessions (154.4 hectares), twenty-four exploitation concessions (1,284.7 hectares), and one leased exploitation concession (98.83 hectares). Additionally, its Mexican holdings encompass the Gomez Palacio property (nine exploration concessions totaling 2,549 hectares), the Santiago Papasquiaro property (four exploration concessions covering 2,552.6 hectares and one exploitation concession of 602.9 hectares), and the Unification La Platosa properties (three leased concessions). In Canada, Avino possesses full ownership of the Minto and Olympic-Kelvin properties in British Columbia, as well as fourteen quartz leases at the Eagle property located within the Mayo Mining Division of Yukon. The company was founded in 1968.

Sector: Basic Materials · Industry: Other Precious Metals

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 31, 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 Avino Silver & Gold Mines Ltd. (ASM) halal to invest in?
Based on AAOIFI Standard 21 screening, Avino Silver & Gold Mines Ltd. (ASM) 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 Avino Silver & Gold Mines Ltd. get a A compliance rating?
Avino Silver & Gold Mines Ltd. (ASM) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Avino Silver & Gold Mines Ltd.'s Shariah verdict?
Avino Silver & Gold Mines Ltd.'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 Avino Silver & Gold Mines Ltd. re-screened for Shariah compliance?
Avino Silver & Gold Mines Ltd. (ASM) 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: Aug 31, 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.