Cameco Corporation

CCJ: Is Cameco Corporation Halal?

Cameco Corporation

NYSEEnergyCA

$103.47

-0.97%

Market Cap: 45.1B

Compliance Status

Halal

Screened on Jul 14, 2026 · AAOIFI Standard 21

A+

Excellent

92Score

Is Cameco Corporation (CCJ) halal? Halal. Based on AAOIFI screening, Cameco Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 92/100 (Grade: A+).

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%.

2.6% of 30.0% limit

What this means for you

You can own CCJ

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

Purify 0.7% of your income from CCJ

That is about $0.70 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Cameco Corporation

Cameco Corporation is a prominent global enterprise specializing in the production and distribution of uranium. Its operations are structured into two core divisions: Uranium and Fuel Services. The Uranium division manages the full upstream process, encompassing the exploration, extraction, and initial processing (milling) of uranium ore, as well as the procurement and sale of uranium concentrate. Conversely, the Fuel Services division focuses on the downstream transformation of uranium. This includes the refining, conversion, and fabrication of uranium concentrate into usable forms, alongside providing related conversion services. Furthermore, this segment is responsible for manufacturing specialized fuel bundles and reactor components specifically designed for CANDU reactors. Cameco provides its essential uranium products and associated fuel services to nuclear utility clients across major international markets, including the Americas, Europe, and Asia. The company was founded in 1987 and maintains its principal office in Saskatoon, Canada.

Sector: Energy · Industry: Uranium

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 14, 2026

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Cameco Corporation (CCJ) halal to invest in?
Based on AAOIFI Standard 21 screening, Cameco Corporation (CCJ) 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 Cameco Corporation get a A+ compliance rating?
Cameco Corporation (CCJ) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.6% (limit 30%); interest-bearing deposits of 3.0% (limit 30%); prohibited income of 0.67% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Cameco Corporation's Shariah verdict?
Cameco 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 Cameco Corporation re-screened for Shariah compliance?
Cameco Corporation (CCJ) 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.