Hecla Mining Company

HL: Is Hecla Mining Company Halal?

Hecla Mining Company

NYSEBasic MaterialsUS

$15.40

-0.90%

Market Cap: 10.3B

Compliance Status

Halal

Screened on Jul 14, 2026 · AAOIFI Standard 21

A+

Excellent

97Score

Is Hecla Mining Company (HL) halal? Halal. Based on AAOIFI screening, Hecla Mining Company passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 97/100 (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%.

2.7% of 30.0% limit

What this means for you

You can own HL

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

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About Hecla Mining Company

Hecla Mining Company, along with its subsidiaries, engages in the exploration, acquisition, development, and extraction of both precious and base metal resources across the United States and internationally. The company produces concentrates of silver, gold, lead, and zinc, as well as carbon material and doré, both of which contain silver and gold. These materials are then sold to custom smelters, metal traders, and third-party processors. Hecla holds full ownership stakes in several key mining operations: the Greens Creek mine in southeast Alaska's Admiralty Island; the Lucky Friday mine in northern Idaho; the Casa Berardi mine located in the Abitibi region of northwestern Quebec, Canada; and the San Sebastian mine in Durango, Mexico. Additionally, the company entirely owns the Fire Creek mine in Lander County, Nevada, and both the Hollister and Midas mines in Elko County, Nevada. Established in 1891, Hecla Mining Company's headquarters are located in Coeur d'Alene, Idaho.

Sector: Basic Materials · Industry: Silver

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 14, 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: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is Hecla Mining Company (HL) halal to invest in?
Based on AAOIFI Standard 21 screening, Hecla Mining Company (HL) 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 Hecla Mining Company get a A+ compliance rating?
Hecla Mining Company (HL) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.7% (limit 30%); interest-bearing deposits of 0.8% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Hecla Mining Company's Shariah verdict?
Hecla Mining Company'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 Hecla Mining Company re-screened for Shariah compliance?
Hecla Mining Company (HL) 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.