Is McEwen Mining Inc. (MUX) halal? Halal. Based on AAOIFI screening, McEwen Mining Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 81/100 (Grade: A).

McEwen Mining Inc.

MUX: Is McEwen Mining Inc. Halal?

Halal

McEwen Mining Inc.

NYSEBasic MaterialsCA

$22.31

+2.53%

Purify ~1% of income

About McEwen Mining Inc.

McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina. The company also explores for copper deposits. It primarily owns a 100% interest in the Gold Bar mine in Eureka County, Nevada; the Black Fox gold mine in Ontario, Canada; the El Gallo Project and Fenix silver-gold project in Sinaloa, Mexico; the Los Azules copper deposit in San Juan, Argentina; and a portfolio of exploration properties in Nevada, Canada, Mexico, and Argentina. It also owns a 49% interest in the San Jos茅 mine located in Argentina. The company was formerly known as US Gold Corporation and changed its name to McEwen Mining Inc. in January 2012. McEwen Mining Inc. was incorporated in 1979 and is headquartered in Toronto, Canada.

Sector: Basic Materials 路 Industry: Other Precious Metals

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026
A

Very Good

Strong compliance across all metrics

81Score

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 Cap10.4% / 30.0%

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

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

Screened: Jun 17, 2026Fiscal: Q1 2026Source: EDGAR

Purify Your MUX Dividends

1.0% non-compliant income

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

Financial Overview

Market Cap

1.3B

Price

$22.31

Sector

Basic Materials

Industry

Other Precious Metals

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Frequently Asked Questions

Is McEwen Mining Inc. (MUX) halal to invest in?
Based on AAOIFI Standard 21 screening, McEwen Mining Inc. (MUX) 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 McEwen Mining Inc. get a A compliance rating?
McEwen Mining Inc. (MUX) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 10.4% (limit 30%); interest-bearing deposits of 5.9% (limit 30%); prohibited income of 1.01% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change McEwen Mining Inc.'s Shariah verdict?
McEwen Mining 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 McEwen Mining Inc. re-screened for Shariah compliance?
McEwen Mining Inc. (MUX) 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 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.