Is Santacruz Silver Mining Ltd. Common Shares (SCZM) halal? Halal. Based on AAOIFI screening, Santacruz Silver Mining Ltd. Common Shares passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 89/100 (Grade: A).

Santacruz Silver Mining Ltd. Common Shares

SCZM: Is Santacruz Silver Mining Ltd. Common Shares Halal?

Halal

Santacruz Silver Mining Ltd. Common Shares

NASDAQBasic MaterialsCA

$6.34

-0.94%

Purify ~0.8% of income

About Santacruz Silver Mining Ltd. Common Shares

Santacruz Silver Mining Ltd. is dedicated to the full spectrum of mineral property management, covering acquisition, exploration, and development. The company's operations are structured across several key segments: Bolivar, Porco, Caballo Blanco Group, San Lucas Group, Zimapan, in addition to its Corporate and Other functions. The Bolivar and Porco segments each manage their respective mines and processing facilities. The Caballo Blanco Group specifically includes the Tres Amigos and Colquechaquita mines, along with the Don Diego processing plant. The San Lucas Group comprises the Reserva mine and the San Lucas feed sourcing business. Furthermore, the Zimapan segment also operates a mine and a processing plant. Santacruz Silver Mining Ltd. was founded on January 24, 2011, and its main office is located in Vancouver, Canada.

Sector: Basic Materials 路 Industry: Other Precious Metals

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 16, 2026
A

Very Good

Strong compliance across all metrics

89Score

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 Cap0.2% / 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 SCZM Dividends

0.8% non-compliant income

SCZM has 0.8% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

588.0M

Price

$6.34

Sector

Basic Materials

Industry

Other Precious Metals

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Frequently Asked Questions

Is Santacruz Silver Mining Ltd. Common Shares (SCZM) halal to invest in?
Based on AAOIFI Standard 21 screening, Santacruz Silver Mining Ltd. Common Shares (SCZM) 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 Santacruz Silver Mining Ltd. Common Shares get a A compliance rating?
Santacruz Silver Mining Ltd. Common Shares (SCZM) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.2% (limit 30%); interest-bearing deposits of 8.7% (limit 30%); prohibited income of 0.79% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Santacruz Silver Mining Ltd. Common Shares's Shariah verdict?
Santacruz Silver Mining Ltd. Common Shares'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 Santacruz Silver Mining Ltd. Common Shares re-screened for Shariah compliance?
Santacruz Silver Mining Ltd. Common Shares (SCZM) 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.