
HBM: Is Hudbay Minerals Inc. Halal?
Hudbay Minerals Inc.
$22.99
-9.35%
Market Cap: 9.1B
Compliance Status
Halal
Screened on Jul 16, 2026 · AAOIFI Standard 21
Very Good
Is Hudbay Minerals Inc. (HBM) halal? Halal. Based on AAOIFI screening, Hudbay Minerals Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 81/100 (Grade: A).
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You can own HBM
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purify 1% of your income from HBM
That is about $1.00 of every $100 you earn from it. Donate this share to charity.
Calculate my exact amountAbout Hudbay Minerals Inc.
Hudbay Minerals Inc. operates as a diversified mining firm, encompassing its subsidiaries, focusing on the exploration, extraction, and commercialization of both industrial and precious metals across the North and South American continents. The company's primary products consist of copper concentrates (from which copper, gold, and silver are derived), silver-gold doré, molybdenum concentrates, and metallic zinc. Hudbay maintains a significant presence with three multi-metal mining operations, four ore processing facilities, and a dedicated zinc production plant, situated in northern Manitoba and Saskatchewan, Canada, and in Cusco, Peru. Furthermore, it is actively developing copper projects in the U.S. states of Arizona and Nevada. Founded in 1927, Hudbay Minerals Inc. is centrally managed from its headquarters in Toronto, Canada.
Sector: Basic Materials · Industry: Copper
Shariah Compliance Status
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.
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Frequently Asked Questions
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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.