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Shariah compliance overview

Halal

First Majestic Silver Corp. (AG) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About First Majestic Silver Corp.

First Majestic Silver Corp. is a North American mining company dedicated to the exploration, acquisition, development, and operation of mineral properties, primarily concentrating on silver and gold output. The company fully owns and operates a portfolio of significant mining assets.

First Majestic Silver Corp. (AG) operates in the Basic Materials sector, in the Silver industry.

Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 1.16% (limit 5%), interest-bearing debt is 7.35% (limit 30%) and interest-bearing securities and assets are 23.21% (limit 30%).

If you hold AG, give 1.16% of the dividends you receive to charity to purify the non-compliant share of its income.

Business Activity
1.16%Limit 5%Pass
Interest-bearing debt
7.35%Limit 30%Pass
Interest-bearing securities and assets
23.21%Limit 30%Pass
Dividend purification
1.16%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about First Majestic Silver Corp. (AG). Current Akinda screening label: Halal.