What is Eldorado Gold Corporation's Shariah compliance score?

Eldorado Gold Corporation (EGO) has a Shariah compliance score of 64/100 (Grade: B, Acceptable) 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 Eldorado Gold Corporation pass AAOIFI screening?

Eldorado Gold Corporation (EGO) 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% (EGO: 18.9%), (3) interest-bearing deposits below 30% (EGO: 12.6%), and (4) prohibited income below 5% (EGO: 1.8%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Eldorado Gold Corporation stock?

Eldorado Gold Corporation (EGO) has a non-permissible income ratio of 1.85%. Muslim investors should purify this percentage of any dividends received and capital gains realized from EGO 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 Eldorado Gold Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Eldorado Gold Corporation (EGO) 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 EGO's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Eldorado Gold Corporation (EGO) halal? Halal. Based on AAOIFI screening, Eldorado Gold Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 64/100 (Grade: B).

EGO: Is Eldorado Gold Corporation Halal?

Halal

Eldorado Gold Corporation

NYSEBasic MaterialsCA

$33.30

-0.30%

AvoidBorderlineClean

Purify ~1.8% of income

About Eldorado Gold Corporation

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemcukuru gold mines located in western Turkey; 100% interest in Lamaque gold mines located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was incorporated in 1992 and is headquartered in Vancouver, Canada.

Sector: Basic Materials · Industry: Gold

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026

Acceptable

Acceptable but room for improvement

64Score

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 Cap18.9% / 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 17, 2026Fiscal: FY 2025Source: FMP

Purify Your EGO Dividends

1.8% non-compliant income

EGO has 1.8% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

6.7B

Price

$33.30

Sector

Basic Materials

Industry

Gold

More Basic Materials Stocks

LIN

Linde plc

APD

Air Products and Chemicals, Inc.

B+

ECL

Ecolab Inc.

CTVA

Corteva, Inc.

A+

DuPont de Nemours, Inc.

B+

DOW

Dow Inc.

Free · No credit card required

Track EGO and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Eldorado Gold Corporation (EGO) halal to invest in?

Based on AAOIFI Standard 21 screening, Eldorado Gold Corporation (EGO) is rated Halal with a compliance grade of B (Acceptable). 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 Eldorado Gold Corporation get a B compliance rating?

Eldorado Gold Corporation (EGO) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 18.9% (limit 30%); interest-bearing deposits of 12.6% (limit 30%); prohibited income of 1.85% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Eldorado Gold Corporation's Shariah verdict?

Eldorado Gold 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 Eldorado Gold Corporation re-screened for Shariah compliance?

Eldorado Gold Corporation (EGO) 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 17, 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.