Shariah compliance overview
HalalFirst Majestic Silver Corp. (AG.TO) 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 precious metals company primarily engaged in identifying, developing, and producing silver and gold from mineral deposits.
First Majestic Silver Corp. (AG.TO) 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 7.37% (limit 30%) and interest-bearing securities and assets are 23.26% (limit 30%).
If you hold AG.TO, 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
- 7.37%Limit 30%Pass
- Interest-bearing securities and assets
- 23.26%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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Company Profile
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Frequently asked questions
Quick answers about First Majestic Silver Corp. (AG.TO). Current Akinda screening label: Halal.
