Barrick Mining Corporation

B: Is Barrick Mining Corporation Halal?

Barrick Mining Corporation

NYSEBasic MaterialsCA

$36.73

-2.57%

Market Cap: 61.5B

Compliance Status

Halal

Screened on Aug 28, 2026 · AAOIFI Standard 21

A

Very Good

87Score

Is Barrick Mining Corporation (B) halal? Halal. Based on AAOIFI screening, Barrick Mining Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 87/100 (Grade: A).

Quote this verdict

HalalScreener rates Barrick Mining Corporation (B) Halal, 87/100, grade A under AAOIFI Standard 21, screened Aug 28, 2026. Source: https://halalscreener.app/en/stock/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%.

6.0% of 30.0% limit

What this means for you

You can own B

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

Purification amount is Pro

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

About Barrick Mining Corporation

Barrick Mining Corporation primarily focuses on the entire lifecycle of mineral assets, from their initial discovery and subsequent development to their extraction and eventual sale. The company actively explores for a variety of commodities, including precious metals like gold and silver, industrial metals such as copper, and other materials used for energy production. Previously identified as Barrick Gold Corporation, the organization officially adopted its current name, Barrick Mining Corporation, in May 2025. The company was founded in 1983 and has its corporate headquarters situated in Toronto, Canada.

Sector: Basic Materials · Industry: Gold

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 28, 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 Barrick Mining Corporation (B) halal to invest in?
Based on AAOIFI Standard 21 screening, Barrick Mining Corporation (B) 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 Barrick Mining Corporation get a A compliance rating?
Barrick Mining Corporation (B) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 6.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Barrick Mining Corporation's Shariah verdict?
Barrick Mining 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 Barrick Mining Corporation re-screened for Shariah compliance?
Barrick Mining Corporation (B) 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 28, 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.