Ivanhoe Electric Inc.

IE: Is Ivanhoe Electric Inc. Halal?

Ivanhoe Electric Inc.

AMEXBasic MaterialsUS

$8.26

-4.51%

Market Cap: 1.3B

Compliance Status

Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

A+

Excellent

91Score

Is Ivanhoe Electric Inc. (IE) halal? Halal. Based on AAOIFI screening, Ivanhoe Electric Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 91/100 (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%.

2.8% of 30.0% limit

What this means for you

You can own IE

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 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

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is Ivanhoe Electric Inc. (IE) halal to invest in?
Based on AAOIFI Standard 21 screening, Ivanhoe Electric Inc. (IE) 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 Ivanhoe Electric Inc. get a A+ compliance rating?
Ivanhoe Electric Inc. (IE) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.8% (limit 30%); interest-bearing deposits of 7.5% (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 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: Jul 17, 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.