Shariah compliance overview
HalalAlmonty Industries Inc. (ALM) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Almonty Industries Inc.
Almonty Industries, Inc. engages in the mining, processing, and shipment of tungsten concentrates. Its projects include Almonty Korea Tungsten, Panasquiera mine, Gentung, Almonty Korea Moly, Los Santos mine, and Valtreixal.
Almonty Industries Inc. (ALM) operates in the Basic Materials sector, in the Industrial Materials industry.
Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 0.00% (limit 5%), interest-bearing debt is 4.77% (limit 30%) and interest-bearing securities and assets are 7.82% (limit 30%).
- Business Activity
- 0.00%Limit 5%Pass
- Interest-bearing debt
- 4.77%Limit 30%Pass
- Interest-bearing securities and assets
- 7.82%Limit 30%Pass
- Dividend purification
- 0.00%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 Almonty Industries Inc. (ALM). Current Akinda screening label: Halal.
