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Shariah compliance overview

Halal

Caledonia Mining Corporation Plc (CMCL.L) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Caledonia Mining Corporation Plc

Caledonia Mining Corporation Plc's core business centers on the operation of a gold mine, alongside the exploration and development of various precious metal properties. A key asset is its 64% equity stake in the Blanket Mine, a gold operation situated in Zimbabwe's Matabeleland South Province.

Caledonia Mining Corporation Plc (CMCL.L) operates in the Basic Materials sector, in the Gold industry.

Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 0.18% (limit 5%), interest-bearing debt is 9.61% (limit 30%) and interest-bearing securities and assets are 12.45% (limit 30%).

If you hold CMCL.L, give 0.18% of the dividends you receive to charity to purify the non-compliant share of its income.

Business Activity
0.18%Limit 5%Pass
Interest-bearing debt
9.61%Limit 30%Pass
Interest-bearing securities and assets
12.45%Limit 30%Pass
Dividend purification
0.18%Share of dividends to give to charityPurification calculator

Last updated: Oct 22, 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 Caledonia Mining Corporation Plc (CMCL.L). Current Akinda screening label: Halal.