New Pacific Metals Corp.

NEWP: Is New Pacific Metals Corp. Halal?

New Pacific Metals Corp.

AMEXBasic MaterialsCA

$6.85

+0.29%

Market Cap: 1.3B

Compliance Status

Halal

Screened on Sep 3, 2026 · AAOIFI Standard 21

A+

Excellent

99Score

Is New Pacific Metals Corp. (NEWP) halal? Halal. Based on AAOIFI screening, New Pacific Metals Corp. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 99/100 (Grade: A+).

Quote this verdict

HalalScreener rates New Pacific Metals Corp. (NEWP) Halal, 99/100, grade A+ under AAOIFI Standard 21, screened Sep 3, 2026. Source: https://halalscreener.app/en/stock/NEWP

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%.

0.0% of 30.0% limit

What this means for you

You can own NEWP

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

Purification amount is Pro

We have screened NEWP's prohibited income, but the exact share you would need to purify is part of Pro.

About New Pacific Metals Corp.

New Pacific Metals Corp., along with its affiliated entities, focuses on the exploration and advancement of geological assets throughout Bolivia and Canada. The company primarily seeks out occurrences of silver, gold, lead, and zinc. Its most significant holding is the Silver Sand property, a site encompassing 5.42 square kilometers within Bolivia's Potosí Department. Additionally, New Pacific Metals possesses the Silverstrike property, situated southwest of La Paz, Bolivia, and the Carangas property, which is located on La Ruta de la Plata. The company was formerly known as New Pacific Holdings Corp. before officially changing its name to New Pacific Metals Corp. in July 2017. Its corporate headquarters are based in Vancouver, Canada.

Sector: Basic Materials · Industry: Silver

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 3, 2026

Compliance History

  1. Halalnow

    since Aug 2026

  2. Under Review

    until the change above

  3. Halal

    until the change above

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

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is New Pacific Metals Corp. (NEWP) halal to invest in?
Based on AAOIFI Standard 21 screening, New Pacific Metals Corp. (NEWP) 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 New Pacific Metals Corp. get a A+ compliance rating?
New Pacific Metals Corp. (NEWP) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change New Pacific Metals Corp.'s Shariah verdict?
New Pacific Metals Corp.'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 New Pacific Metals Corp. re-screened for Shariah compliance?
New Pacific Metals Corp. (NEWP) 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: Sep 3, 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.