Is Hudbay Minerals Inc. (HBM) halal? Halal. Based on AAOIFI screening, Hudbay Minerals Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 83/100 (Grade: A).

Hudbay Minerals Inc.

HBM: Is Hudbay Minerals Inc. Halal?

Halal

Hudbay Minerals Inc.

NYSEBasic MaterialsCA

$26.11

+1.77%

Purify ~1% of income

About Hudbay Minerals Inc.

Hudbay Minerals Inc. operates as a diversified mining firm, encompassing its subsidiaries, focusing on the exploration, extraction, and commercialization of both industrial and precious metals across the North and South American continents. The company's primary products consist of copper concentrates (from which copper, gold, and silver are derived), silver-gold dor茅, molybdenum concentrates, and metallic zinc. Hudbay maintains a significant presence with three multi-metal mining operations, four ore processing facilities, and a dedicated zinc production plant, situated in northern Manitoba and Saskatchewan, Canada, and in Cusco, Peru. Furthermore, it is actively developing copper projects in the U.S. states of Arizona and Nevada. Founded in 1927, Hudbay Minerals Inc. is centrally managed from its headquarters in Toronto, Canada.

Sector: Basic Materials 路 Industry: Copper

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 16, 2026
A

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 Cap9.4% / 30.0%

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 16, 2026Fiscal: FY 2025Source: FMP

Purify Your HBM Dividends

1.0% non-compliant income

HBM has 1.0% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

10.4B

Price

$26.11

Sector

Basic Materials

Industry

Copper

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Frequently Asked Questions

Is Hudbay Minerals Inc. (HBM) halal to invest in?
Based on AAOIFI Standard 21 screening, Hudbay Minerals Inc. (HBM) 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 Hudbay Minerals Inc. get a A compliance rating?
Hudbay Minerals Inc. (HBM) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 9.4% (limit 30%); interest-bearing deposits of 4.9% (limit 30%); prohibited income of 1.03% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Hudbay Minerals Inc.'s Shariah verdict?
Hudbay Minerals Inc.'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 Hudbay Minerals Inc. re-screened for Shariah compliance?
Hudbay Minerals Inc. (HBM) 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 16, 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.