Vizsla Silver Corp.

VZLA: Is Vizsla Silver Corp. Halal?

Vizsla Silver Corp.

AMEXBasic MaterialsCA

$3.86

-4.69%

Market Cap: 1.4B

Compliance Status

Not Halal

Screened on Sep 2, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Vizsla Silver Corp. (VZLA) halal? Not Halal. Based on AAOIFI screening, Vizsla Silver Corp. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Vizsla Silver Corp. (VZLA) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/VZLA

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%.

23.8% of 30.0% limit

What this means for you

Most scholars advise not holding VZLA

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Vizsla Silver Corp.

Vizsla Silver Corp. specializes in the acquisition, exploration, and development of valuable mineral assets, including both precious and base metals. The company's primary focus is on discovering deposits of gold, silver, and copper. Its most significant undertaking is the Panuco-Copala silver-gold district, situated within Sinaloa, Mexico. The company, which was established in 2017, previously operated as Vizsla Resources Corp. before rebranding to Vizsla Silver Corp. in February 2021. Its corporate headquarters are located in Vancouver, Canada.

Sector: Basic Materials · Industry: Industrial Materials

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 2, 2026

Compliance History

  1. Not 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 2026Data source: FMP

Halal Alternatives in Basic Materials

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Frequently Asked Questions

Is Vizsla Silver Corp. (VZLA) halal to invest in?
Vizsla Silver Corp. (VZLA) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Vizsla Silver Corp. get a F compliance rating?
Vizsla Silver Corp. (VZLA) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 23.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Vizsla Silver Corp.'s Shariah verdict?
Vizsla Silver Corp.'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 Vizsla Silver Corp. re-screened for Shariah compliance?
Vizsla Silver Corp. (VZLA) 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.