
MUX: Is McEwen Mining Inc. Halal?
McEwen Mining Inc.
$16.37
-1.33%
Market Cap: 977.9M
Compliance Status
Halal
Screened on Jul 18, 2026 · AAOIFI Standard 21
Good
Is McEwen Mining Inc. (MUX) halal? Halal. Based on AAOIFI screening, McEwen Mining Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 78/100 (Grade: B+).
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 MUX
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purify 1% of your income from MUX
That is about $1.00 of every $100 you earn from it. Donate this share to charity.
Calculate my exact amountAbout McEwen Mining Inc.
McEwen Mining Inc. (MUX) is primarily engaged in the discovery, development, extraction, and sale of gold and silver deposits across the United States, Canada, Mexico, and Argentina. The company also conducts exploration for copper reserves. Its portfolio includes full ownership of several key assets: the Gold Bar mine in Eureka County, Nevada; the Black Fox gold mine located in Ontario, Canada; the El Gallo Project and the Fenix silver-gold project, both situated in Sinaloa, Mexico; and the Los Azules copper deposit in San Juan, Argentina. McEwen Mining also possesses a broad array of exploration properties spanning Nevada, Canada, Mexico, and Argentina. Furthermore, the company holds a 49% stake in the San José mine, which is located in Argentina. Initially incorporated in 1979, the enterprise was formerly recognized as US Gold Corporation before adopting the name McEwen Mining Inc. in January 2012. Its corporate headquarters are located in Toronto, Canada.
Sector: Basic Materials · Industry: Other Precious Metals
Shariah Compliance Status
Compliance History
Halalnow
since Jun 2026
Not Halal
until the change above
Tracked since Jun 2026. Updates automatically on each re-screen.
More Basic Materials Stocks
Track MUX and 10,000+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
Frequently Asked Questions
Is McEwen Mining Inc. (MUX) halal to invest in?
Why did McEwen Mining Inc. get a B+ compliance rating?
What could change McEwen Mining Inc.'s Shariah verdict?
How often is McEwen Mining Inc. re-screened for Shariah compliance?
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.