What is Equinox Gold Corp.'s Shariah compliance score?

Equinox Gold Corp. (EQX) has a Shariah compliance score of 74/100 (Grade: B+, 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 Equinox Gold Corp. pass AAOIFI screening?

Equinox Gold Corp. (EQX) 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% (EQX: 20.2%), (3) interest-bearing deposits below 30% (EQX: 7.4%), and (4) prohibited income below 5% (EQX: 0.6%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Equinox Gold Corp. stock?

Equinox Gold Corp. (EQX) has a non-permissible income ratio of 0.60%. Muslim investors should purify this percentage of any dividends received and capital gains realized from EQX 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 Equinox Gold Corp. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Equinox Gold Corp. (EQX) 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 EQX's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

EQX: Is Equinox Gold Corp. Halal?

Equinox Gold Corp.

AMEXBasic MaterialsCA

$9.74

+3.18%

Market Cap: 7.7B

Compliance Status

Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

B+

Good

74Score

Is Equinox Gold Corp. (EQX) halal? Halal. Based on AAOIFI screening, Equinox Gold Corp. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 74/100 (Grade: B+).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

20.2% of 30.0% limit

What this means for you

You can own EQX

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

Purify 0.6% of your income from EQX

That is about $0.60 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Equinox Gold Corp.

Equinox Gold Corp. is a mining enterprise that covers the entire spectrum of mineral property management, from acquisition and exploration to development and active operation. The company primarily targets gold and silver deposits in its exploration efforts. Its asset portfolio is geographically diverse, featuring several significant gold mines in Brazil, such as Aurizona in Maranhão State, RDM in Minas Gerais State, and both Fazenda and Santa Luz in Bahia State. Expanding its footprint into North America, Equinox Gold also holds stakes in the Mesquite gold mine and the Castle Mountain property in California, USA, alongside the Los Filos Gold Mine located in Guerrero State, Mexico. Additionally, the company possesses a 60% ownership interest in the Greenstone project, situated in Ontario, Canada. Established in 2007, the company originally operated under the name Trek Mining Inc. before officially changing to Equinox Gold Corp. in December 2017. Its corporate headquarters are located in Vancouver, Canada.

Sector: Basic Materials · Industry: Gold

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 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 Equinox Gold Corp. (EQX) halal to invest in?

Based on AAOIFI Standard 21 screening, Equinox Gold Corp. (EQX) is rated Halal with a compliance grade of B+ (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 Equinox Gold Corp. get a B+ compliance rating?

Equinox Gold Corp. (EQX) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 20.2% (limit 30%); interest-bearing deposits of 7.4% (limit 30%); prohibited income of 0.60% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Equinox Gold Corp.'s Shariah verdict?

Equinox Gold 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 Equinox Gold Corp. re-screened for Shariah compliance?

Equinox Gold Corp. (EQX) 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 17, 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.