Is Aris Mining Corporation (ARMN) halal? Halal. Based on AAOIFI screening, Aris Mining Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 74/100 (Grade: B+).

Aris Mining Corporation

ARMN: Is Aris Mining Corporation Halal?

Halal

Aris Mining Corporation

AMEXBasic MaterialsCA

$19.23

+1.16%

Purify ~1.4% of income

About Aris Mining Corporation

Aris Mining Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of gold and silver properties. The company holds interests in the Segovia operations comprising the El Silencio, Providencia, Carla, and Sandra K underground mines located in Colombia. It also holds interests in the Marmato project in Colombia; Juby project located in Ontario, Canada; and Toroparu project in the western Guyana gold district. The company was formerly known as GCM Mining Corp. and changed its name to Aris Mining Corporation in September 2022. Aris Mining Corporation is based in Vancouver, Canada.

Sector: Basic Materials 路 Industry: Gold

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 14, 2026
B+

Good

Good compliance with minor concerns

74Score

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 Cap13.4% / 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 14, 2026Fiscal: FY 2025Source: FMP

Purify Your ARMN Dividends

1.4% non-compliant income

ARMN has 1.4% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

3.9B

Price

$19.23

Sector

Basic Materials

Industry

Gold

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Frequently Asked Questions

Is Aris Mining Corporation (ARMN) halal to invest in?
Based on AAOIFI Standard 21 screening, Aris Mining Corporation (ARMN) is rated Halal with a compliance grade of B+ (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 Aris Mining Corporation get a B+ compliance rating?
Aris Mining Corporation (ARMN) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 13.4% (limit 30%); interest-bearing deposits of 10.0% (limit 30%); prohibited income of 1.36% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Aris Mining Corporation's Shariah verdict?
Aris Mining Corporation'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 Aris Mining Corporation re-screened for Shariah compliance?
Aris Mining Corporation (ARMN) 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 14, 2026.

Screened according to AAOIFI Standard No. 21 路 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.