Gold Royalty Corp.

GROY: Is Gold Royalty Corp. Halal?

Gold Royalty Corp.

AMEXBasic MaterialsCA

$3.46

+0.58%

Market Cap: 798.6M

Compliance Status

Halal

Screened on Sep 2, 2026 · AAOIFI Standard 21

A+

Excellent

98Score

Is Gold Royalty Corp. (GROY) halal? Halal. Based on AAOIFI screening, Gold Royalty Corp. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 98/100 (Grade: A+).

Quote this verdict

HalalScreener rates Gold Royalty Corp. (GROY) Halal, 98/100, grade A+ under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/GROY

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%.

0.0% of 30.0% limit

What this means for you

You can own GROY

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

Purification amount is Pro

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

About Gold Royalty Corp.

Gold Royalty Corp. is a financial entity focused on precious metal royalties, providing capital solutions to the broader metals and mining industry. Its business model centers on acquiring diverse royalty interests, streaming agreements, and similar revenue streams at various stages of a mine's operational lifespan. This strategy aims to build a robust portfolio capable of generating attractive returns for its investors in the near, medium, and long term. The company's current holdings comprise net smelter return royalties, which range from 0.5% to 2.0%, on seventeen gold properties located across the Americas. Gold Royalty Corp. was founded in 2020 and has its principal executive office in Vancouver, Canada.

Sector: Basic Materials · Industry: Gold

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 2, 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 Gold Royalty Corp. (GROY) halal to invest in?
Based on AAOIFI Standard 21 screening, Gold Royalty Corp. (GROY) 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 Gold Royalty Corp. get a A+ compliance rating?
Gold Royalty Corp. (GROY) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Gold Royalty Corp.'s Shariah verdict?
Gold Royalty 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 Gold Royalty Corp. re-screened for Shariah compliance?
Gold Royalty Corp. (GROY) 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: Sep 2, 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.