What is First Majestic Silver Corp.'s Shariah compliance score?

First Majestic Silver Corp. (AG) has a Shariah compliance score of 83/100 (Grade: A, Very Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does First Majestic Silver Corp. pass AAOIFI screening?

First Majestic Silver Corp. (AG) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (AG: 3.4%), (3) interest-bearing deposits below 30% (AG: 10.4%), and (4) prohibited income below 5% (AG: 1.2%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for First Majestic Silver Corp. stock?

First Majestic Silver Corp. (AG) has a non-permissible income ratio of 1.17%. Muslim investors should purify this percentage of any dividends received and capital gains realized from AG shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen First Majestic Silver Corp. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for First Majestic Silver Corp. (AG) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about AG's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is First Majestic Silver Corp. (AG) halal? Halal. Based on AAOIFI screening, First Majestic Silver Corp. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 83/100 (Grade: A).

AG: Is First Majestic Silver Corp. Halal?

Halal

First Majestic Silver Corp.

NYSEBasic MaterialsCA

$16.99

-14.06%

AvoidBorderlineClean

Purify ~1.2% of income

About First Majestic Silver Corp.

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. It holds 100% interests in the San Dimas Silver/Gold Mine covering an area of 71,868 hectares located in Durango and Sinaloa states; the Santa Elena Silver/Gold Mine covering an area of 102,244 hectares located in Sonora; Jerritt Canyon gold mine that covers an area of approximately of 30,821 hectares located in Elko County, Nevada; and the La Encantada Silver Mine covering an area of 4,076 hectares situated in Coahuila, as well as surface land ownership of 1,343 hectares. The company also holds 100% interests in the La Parrilla Silver Mine that covers an area of 69,478 hectares located in Durango; the Del Toro Silver Mine consisting of 3,815 hectares of mining concessions and 219 hectares of surface rights located in Zacatecas; the San Martin Silver Mine includes 33 mining concessions covering an area of 12,795 hectares located in Jalisco; and the La Guitarra Silver Mine that covers an area of 39,714 hectares located in Mexico. In addition, it holds interest in the Springpole project, a gold and silver project covering an area of approximately 41,913 hectares in Ontario, Canada. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.

Sector: Basic Materials · Industry: Silver

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 15, 2026

Very Good

Strong compliance across all metrics

83Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap3.4% / 30.0%

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.

Screened: Jun 15, 2026Fiscal: FY 2025Source: FMP

Purify Your AG Dividends

1.2% non-compliant income

AG has 1.2% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

8.4B

Price

$16.99

Sector

Basic Materials

Industry

Silver

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Frequently Asked Questions

Is First Majestic Silver Corp. (AG) halal to invest in?

Based on AAOIFI Standard 21 screening, First Majestic Silver Corp. (AG) is rated Halal with a compliance grade of A (Very Good). 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 First Majestic Silver Corp. get a A compliance rating?

First Majestic Silver Corp. (AG) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 3.4% (limit 30%); interest-bearing deposits of 10.4% (limit 30%); prohibited income of 1.17% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change First Majestic Silver Corp.'s Shariah verdict?

First Majestic 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 First Majestic Silver Corp. re-screened for Shariah compliance?

First Majestic Silver Corp. (AG) 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: Jun 15, 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.