What is Ivanhoe Electric Inc.'s Shariah compliance score?

Ivanhoe Electric Inc. (IE) has a Shariah compliance score of 0/100 (Grade: F, Non-Compliant). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Ivanhoe Electric Inc. pass AAOIFI screening?

Ivanhoe Electric Inc. (IE) does not pass AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. IE's debt-to-market-cap is 2.6%.

How much purification is needed for Ivanhoe Electric Inc.?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the percentage and amount for Ivanhoe Electric Inc. (IE) using the latest financial data.

Where can I screen Ivanhoe Electric Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Ivanhoe Electric Inc. (IE) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

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Compliance Status

Not Halal

Screened on Oct 13, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Ivanhoe Electric Inc. (IE) halal? Not Halal. Based on AAOIFI screening, Ivanhoe Electric Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Ivanhoe Electric Inc. (IE) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 13, 2026. Source: https://halalscreener.app/en/stock/IE

AvoidBorderlineClean

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%.

2.6% of 30.0% limit

PRO DETAIL

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.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding IE

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

IE: Is Ivanhoe Electric Inc. Halal?

Ivanhoe Electric Inc.

AMEXBasic MaterialsUS

$8.63

Market Cap: 1.4B

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About Ivanhoe Electric Inc.

Ivanhoe Electric Inc. primarily engages in mineral exploration and development activities across the United States. Its operations are structured into three main segments: Critical Metals, Technology, and Energy Storage. Within its Critical Metals division, the company maintains an 84.6% ownership in Utah's 65-square-kilometer Tintic copper-gold project. Additionally, it possesses an option to fully acquire the 77.59-square-kilometer Santa Cruz copper project in Arizona, holds a 75% stake in Montana's 24.2-square-kilometer Hog Heaven project which targets silver, gold, and copper, and further extends its reach with a 60% interest in the 1,125-square-kilometer Ivory Coast project. Its Technology arm delivers advanced services, including data analytics, geophysical modeling, and artificial intelligence solutions, catering to the mineral, oil and gas, and water exploration sectors. In the Energy Storage segment, it is active in the development, manufacturing, and installation of vanadium flow batteries designed for grid-scale applications. Established in 2020, Ivanhoe Electric Inc. maintains its corporate headquarters in Vancouver, Canada.

Sector: Basic Materials · Industry: Copper

Why this does not pass

Income from prohibited sources is over the 5% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 13, 2026

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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.

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Screened according to AAOIFI Standard 21

Compliance History

Not Halalnow
since Sep 2026
Under Review
until the change above
Halal
until the change above
Not Halal
until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Basic Materials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is Ivanhoe Electric Inc. (IE) halal to invest in?

Ivanhoe Electric Inc. (IE) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Ivanhoe Electric Inc. get a F compliance rating?

Ivanhoe Electric Inc. (IE) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Ivanhoe Electric Inc.'s Shariah verdict?

Ivanhoe Electric Inc.'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 Ivanhoe Electric Inc. re-screened for Shariah compliance?

Ivanhoe Electric Inc. (IE) 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: Oct 13, 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.