What is Platinum Group Metals Ltd.'s Shariah compliance score?

Platinum Group Metals Ltd. (PLG) has a Shariah compliance score of 95/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Platinum Group Metals Ltd. pass AAOIFI screening?

Platinum Group Metals Ltd. (PLG) passes 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% (PLG: 0.1%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Platinum Group Metals Ltd. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Platinum Group Metals Ltd. (PLG) using the latest financial data.

Where can I screen Platinum Group Metals Ltd. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Platinum Group Metals Ltd. (PLG) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about PLG's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

PLG: Is Platinum Group Metals Ltd. Halal?

Platinum Group Metals Ltd.

AMEXBasic MaterialsCA

$1.52

-4.40%

Market Cap: 194.4M

Compliance Status

Halal

Screened on Aug 31, 2026 · AAOIFI Standard 21

A+

Excellent

95Score

Is Platinum Group Metals Ltd. (PLG) halal? Halal. Based on AAOIFI screening, Platinum Group Metals Ltd. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 95/100 (Grade: A+).

Quote this verdict

HalalScreener rates Platinum Group Metals Ltd. (PLG) Halal, 95/100, grade A+ under AAOIFI Standard 21, screened Aug 31, 2026. Source: https://halalscreener.app/en/stock/PLG

AvoidBorderlineClean

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%.

0.1% of 30.0% limit

What this means for you

You can own PLG

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

Purification amount is Pro

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

About Platinum Group Metals Ltd.

Platinum Group Metals Ltd. is primarily focused on the exploration and development of mineral deposits containing platinum and palladium. Its prospecting activities also extend to identifying resources of gold, copper, nickel, and rhodium. A significant asset for the company is its 50.02% interest in the Waterberg project, which is strategically located on the Northern Limb of South Africa's Western Bushveld complex. Beyond its traditional mining operations, Platinum Group Metals Ltd. is also pioneering the development of advanced battery technology that leverages both platinum and palladium. The company was established in 2000 and maintains its corporate headquarters in Vancouver, Canada.

Sector: Basic Materials · Industry: Other Precious Metals

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 31, 2026

Compliance History

Halalnow
since Aug 2026
Under Review
until the change above
Halal
until the change above

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

Fiscal: FY 2025Data source: FMP

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Frequently Asked Questions

Is Platinum Group Metals Ltd. (PLG) halal to invest in?

Based on AAOIFI Standard 21 screening, Platinum Group Metals Ltd. (PLG) 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 Platinum Group Metals Ltd. get a A+ compliance rating?

Platinum Group Metals Ltd. (PLG) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Platinum Group Metals Ltd.'s Shariah verdict?

Platinum Group Metals Ltd.'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 Platinum Group Metals Ltd. re-screened for Shariah compliance?

Platinum Group Metals Ltd. (PLG) 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: Aug 31, 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.