Wheaton Precious Metals Corp.

WPM: Is Wheaton Precious Metals Corp. Halal?

Wheaton Precious Metals Corp.

NYSEBasic MaterialsCA

$115.73

+3.85%

Market Cap: 52.6B

Compliance Status

Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

A+

Excellent

90Score

Is Wheaton Precious Metals Corp. (WPM) halal? Halal. Based on AAOIFI screening, Wheaton Precious Metals Corp. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 90/100 (Grade: A+).

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 WPM

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

Purify 1.6% of your income from WPM

That is about $1.60 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Wheaton Precious Metals Corp.

Wheaton Precious Metals Corp. functions as a streaming enterprise, primarily engaged in the global distribution of valuable metals. Its offerings encompass deposits of gold, silver, palladium, and cobalt. The company maintains a substantial portfolio, holding stakes in 23 operational mines and an additional 13 development ventures. Founded in 2004, the firm's headquarters are located in Vancouver, Canada. It operated under the name Silver Wheaton Corp. until May 2017, when it rebranded to its current title.

Sector: Basic Materials · Industry: Gold

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Wheaton Precious Metals Corp. (WPM) halal to invest in?
Based on AAOIFI Standard 21 screening, Wheaton Precious Metals Corp. (WPM) 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 Wheaton Precious Metals Corp. get a A+ compliance rating?
Wheaton Precious Metals Corp. (WPM) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 2.3% (limit 30%); prohibited income of 1.59% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Wheaton Precious Metals Corp.'s Shariah verdict?
Wheaton Precious Metals 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 Wheaton Precious Metals Corp. re-screened for Shariah compliance?
Wheaton Precious Metals Corp. (WPM) 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: Jul 18, 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.