
NEWP: Is New Pacific Metals Corp. Halal?
New Pacific Metals Corp.
$6.85
+0.29%
Market Cap: 1.3B
Compliance Status
Halal
Screened on Sep 3, 2026 · AAOIFI Standard 21
Excellent
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.
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 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
Compliance History
Halalnow
since Aug 2026
Under Review
until the change above
Halal
until the change above
Tracked since Jun 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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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.