Teck Resources Limited

TECK: Is Teck Resources Limited Halal?

Teck Resources Limited

NYSEBasic MaterialsCA

$56.13

-3.84%

Market Cap: 27.1B

Compliance Status

Halal

Screened on Sep 2, 2026 · AAOIFI Standard 21

C+

Fair

59Score

Is Teck Resources Limited (TECK) halal? Halal. Based on AAOIFI screening, Teck Resources Limited passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 59/100 (Grade: C+).

Quote this verdict

HalalScreener rates Teck Resources Limited (TECK) Halal, 59/100, grade C+ under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/TECK

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

23.2% of 30.0% limit

What this means for you

You can own TECK

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

Purification amount is Pro

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

About Teck Resources Limited

Established in Vancouver, Canada, in 1913, Teck Resources Limited is dedicated to the exploration, acquisition, development, and extraction of natural resources across Asia, Europe, and North America. The company organizes its operations into Steelmaking Coal, Copper, Zinc, Energy, and Corporate segments. Its diverse product offerings include steelmaking coal, copper, gold, blended bitumen, lead, silver, molybdenum, zinc, and zinc concentrates. Teck also produces specialized metals like indium and germanium, in addition to various chemicals and fertilizers. Furthermore, the company holds an interest in the Frontier oil sands projects located in Alberta's Athabasca region, and maintains stakes in exploration and development ventures spanning Australia, Chile, Ireland, Mexico, Peru, Turkey, and the United States. Formerly operating as Teck Cominco Limited, the company officially adopted the name Teck Resources Limited in April 2009.

Sector: Basic Materials · Industry: Industrial Materials

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 2, 2026

Compliance History

  1. Halalnow

    since Aug 2026

  2. Not Halal

    until the change above

  3. Halal

    until the change above

  4. Not 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 Teck Resources Limited (TECK) halal to invest in?
Based on AAOIFI Standard 21 screening, Teck Resources Limited (TECK) is rated Halal with a compliance grade of C+ (Fair). 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 Teck Resources Limited get a C+ compliance rating?
Teck Resources Limited (TECK) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 23.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Teck Resources Limited's Shariah verdict?
Teck Resources Limited'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 Teck Resources Limited re-screened for Shariah compliance?
Teck Resources Limited (TECK) 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 2, 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.