Compliance Status
Halal
Screened on Oct 18, 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 80/100 (Grade: A).
Quote this verdict
HalalScreener rates Hudbay Minerals Inc. (HBM) Halal, 80/100, grade A under AAOIFI Standard 21, screened Oct 18, 2026. Source: https://halalscreener.app/en/stock/HBM
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%.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
What this means for you
You can own HBM
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purification amount is Pro
We have screened HBM's prohibited income, but the exact share you would need to purify is part of Pro.

HBM: Is Hudbay Minerals Inc. Halal?
Hudbay Minerals Inc.
$23.62
Market Cap: 10.5B
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About 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
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The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
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.