Solaris Resources Inc

SLSR: Is Solaris Resources Inc Halal?

Solaris Resources Inc

AMEXBasic MaterialsCH

$8.90

+9.34%

Market Cap: 1.5B

Compliance Status

Halal

Screened on Sep 1, 2026 · AAOIFI Standard 21

A+

Excellent

99Score

Is Solaris Resources Inc (SLSR) halal? Halal. Based on AAOIFI screening, Solaris Resources Inc passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 99/100 (Grade: A+).

Quote this verdict

HalalScreener rates Solaris Resources Inc (SLSR) Halal, 99/100, grade A+ under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/SLSR

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 SLSR

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

Purification amount is Pro

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

About Solaris Resources Inc

Solaris Resources Inc. engages in the exploration, acquisition, and development of mineral properties. Its projects include Warintza, Tamarugo, Ricardo, La Verde and Capricho & paco Orco. The company was founded on June 18, 2018 and is headquartered in Vancouver, Canada.

Sector: Basic Materials · Industry: Other Precious Metals

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 2026

Compliance History

  1. Halalnow

    since Aug 2026

  2. Under Review

    until the change above

  3. 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 Solaris Resources Inc (SLSR) halal to invest in?
Based on AAOIFI Standard 21 screening, Solaris Resources Inc (SLSR) 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 Solaris Resources Inc get a A+ compliance rating?
Solaris Resources Inc (SLSR) 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 Solaris Resources Inc's Shariah verdict?
Solaris Resources Inc'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 Solaris Resources Inc re-screened for Shariah compliance?
Solaris Resources Inc (SLSR) 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 1, 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.