What is Nexa Resources S.A.'s Shariah compliance score?

Nexa Resources S.A.'s (NEXA) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Nexa Resources S.A. pass AAOIFI screening?

Nexa Resources S.A. (NEXA) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (NEXA: 102.5%), (3) interest-bearing deposits below 30% (NEXA: 29.3%), and (4) prohibited income below 5% (NEXA: 0.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Nexa Resources S.A. stock?

Nexa Resources S.A. (NEXA) has a non-permissible income ratio of 0.39%. Muslim investors should purify this percentage of any dividends received and capital gains realized from NEXA shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Nexa Resources S.A. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Nexa Resources S.A. (NEXA) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about NEXA's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

NEXA: Is Nexa Resources S.A. Halal?

Nexa Resources S.A.

NYSEBasic MaterialsLU

$13.04

+8.31%

Market Cap: 1.7B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Nexa Resources S.A. (NEXA) halal? Not Halal. Based on AAOIFI screening, Nexa Resources S.A. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

102.5% of 30.0% limit

What this means for you

Most scholars advise not holding NEXA

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Nexa Resources S.A.

Nexa Resources S.A., together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting. It produces metallic zinc, zamac, gold, sulfuric acid and zinc oxide, as well as by-products, such as sulfuric acid, silver concentrate, copper cement, copper sulfate, lead concentrate, lead-silver concentrate, and other metallurgical by-products. The Company owns and operates three polymetallic mines in Peru and two polymetallic mines in Brazil. The company owns and operates three polymetallic mines in Peru and two polymetallic mines in Brazil; zinc smelter in Peru and two zinc smelters in Brazil. The company was formerly known as VM Holding S.A. and changed its name to Nexa Resources S.A. in September 2017. The company was founded in 1956 and is based in Luxembourg, Luxembourg. Nexa Resources S.A. is a subsidiary of Votorantim S.A.

Sector: Basic Materials · Industry: Industrial Materials

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Not Halalnow
since Jun 2026
Halal
until the change above
Not Halal
until the change above

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

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Basic Materials

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

NWPXA+

NWPX Infrastructure, Inc.

$120.30

-0.24%

CRMLA+

Critical Metals Corp.

$10.15

+0.79%

GROYA+

Gold Royalty Corp.

$3.22

-1.44%

IDRA+

Idaho Strategic Resources, Inc.

$35.44

-1.80%

HLA+

Hecla Mining Company

$15.40

-0.90%

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CTVA

Corteva, Inc.

A+

DuPont de Nemours, Inc.

B+

DOW

Dow Inc.

Free · No credit card required

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Frequently Asked Questions

Is Nexa Resources S.A. (NEXA) halal to invest in?

Nexa Resources S.A. (NEXA) 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 Nexa Resources S.A. get a F compliance rating?

Nexa Resources S.A. (NEXA) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 102.5% (limit 30%); interest-bearing deposits of 29.3% (limit 30%); prohibited income of 0.39% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Nexa Resources S.A.'s Shariah verdict?

Nexa Resources S.A.'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 Nexa Resources S.A. re-screened for Shariah compliance?

Nexa Resources S.A. (NEXA) 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.