
TMC: Is TMC the metals company inc. Halal?
TMC the metals company inc.
$4.02
+1.77%
Market Cap: 1.7B
Compliance Status
Halal
Screened on Sep 1, 2026 · AAOIFI Standard 21
Excellent
Is TMC the metals company inc. (TMC) halal? Halal. Based on AAOIFI screening, TMC the metals company inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 95/100 (Grade: A+).
Quote this verdict
HalalScreener rates TMC the metals company inc. (TMC) Halal, 95/100, grade A+ under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/TMC
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You can own TMC
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purification amount is Pro
We have screened TMC's prohibited income, but the exact share you would need to purify is part of Pro.
About TMC the metals company inc.
TMC the metals company Inc., a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in two polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean. Its products are used in electric vehicles (EV) and energy storage markets; manganese alloy production required for steel production; and EV wiring, energy transmission, and other applications. The company was founded in 2011 and is based in Vancouver, Canada.
Sector: Basic Materials · Industry: Other Precious Metals
Shariah Compliance Status
Compliance History
Halalnow
since Aug 2026
Under Review
until the change above
Halal
until the change above
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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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.