
SMTS: Is Sierra Metals Inc. Halal?
Sierra Metals Inc.
$0.20
0Compliance Status
Not Halal
Screened on Aug 14, 2026 · AAOIFI Standard 21
Non-Compliant
Is Sierra Metals Inc. (SMTS) halal? Not Halal. Based on AAOIFI screening, Sierra Metals Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Business activity
What the company sells is permissible.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
Most scholars advise not holding SMTS
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
About Sierra Metals Inc.
Sierra Metals Inc., along with its various subsidiaries, is actively engaged in the exploration, development, and production of both precious and base metals across Peru and Mexico. The company primarily focuses its prospecting efforts on deposits containing silver, copper, lead, zinc, and gold. Its principal asset is the polymetallic Yauricocha Mine in Peru, where it holds an 81.84% ownership stake. This significant operation spans 18,778 hectares and is situated in the Yauyos province. In Mexico, Sierra Metals fully owns two other substantial mining interests: the Bolivar mine, which comprises 12 concessions covering 15,217 hectares, and the Cusi Mines, encompassing 73 concessions across 11,977 hectares. Founded in 1996, the company is headquartered in Toronto, Canada. It operated under the name Dia Bras Exploration Inc. until December 2012, when it officially adopted its current identity as Sierra Metals Inc.
Sector: Basic Materials · Industry: Industrial Materials
Shariah Compliance Status
Compliance History
Not Halal, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 2026. Updates automatically on each re-screen.
Halal Alternatives in Basic Materials
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Basic Materials Stocks
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Frequently Asked Questions
Is Sierra Metals Inc. (SMTS) halal to invest in?
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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.




