ABX — Barrick Gold Corp.
Permissible business (mining and selling physical gold); moderate debt typical of mining.
Why?
Barrick's core business — mining and selling physical gold, a permissible commodity — is distinct from gold-backed financial instruments, which carry separate rulings. It carries moderate debt typical of capital-intensive mining projects, worth verifying against current filings.
How this was screened
Primary basis: Financial-ratio screen.
References
- Screened against commonly applied Islamic finance criteria (business-activity exclusions plus AAOIFI-influenced financial ratio thresholds); exact methodology varies by provider (e.g. AAOIFI, S&P/Dow Jones Islamic Market, MSCI Islamic).
As of: 2026-09-06
This is informational guidance only, not investment advice or a certified Sharia determination. Financial ratios shift every quarter — always verify current figures with a dedicated Islamic screening service or qualified financial and religious advisor before making investment decisions.