Is Wheaton Precious Metals Corp. (WPM) halal? Halal. Based on AAOIFI screening, Wheaton Precious Metals Corp. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 90/100 (Grade: A+).

Wheaton Precious Metals Corp.

WPM: Is Wheaton Precious Metals Corp. Halal?

Halal

Wheaton Precious Metals Corp.

NYSEBasic MaterialsCA

$130.31

+1.16%

Purify ~1.6% of income

About Wheaton Precious Metals Corp.

Wheaton Precious Metals Corp., a streaming company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, palladium, and cobalt deposits. It has a portfolio of interests in the 23 operating mines and 13 development projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.

Sector: Basic Materials 路 Industry: Gold

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026
A+

Excellent

Exceptionally strong compliance

90Score

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 Cap0.0% / 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 WPM Dividends

1.6% non-compliant income

WPM has 1.6% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

59.2B

Price

$130.31

Sector

Basic Materials

Industry

Gold

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Frequently Asked Questions

Is Wheaton Precious Metals Corp. (WPM) halal to invest in?
Based on AAOIFI Standard 21 screening, Wheaton Precious Metals Corp. (WPM) is rated Halal with a compliance grade of A+ (Excellent). 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 Wheaton Precious Metals Corp. get a A+ compliance rating?
Wheaton Precious Metals Corp. (WPM) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 2.0% (limit 30%); prohibited income of 1.59% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Wheaton Precious Metals Corp.'s Shariah verdict?
Wheaton Precious Metals Corp.'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 Wheaton Precious Metals Corp. re-screened for Shariah compliance?
Wheaton Precious Metals Corp. (WPM) 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.