logo

Shariah compliance overview

Not Halal

NioCorp Developments Ltd. (NB) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About NioCorp Developments Ltd.

NioCorp Developments Ltd. engages in the evaluation, acquisition, exploration, and development of mineral deposits. It focuses on a super alloy materials project in Nebraska for producing niobium, scandium, and titanium.

NioCorp Developments Ltd. (NB) operates in the Basic Materials sector, in the Industrial Materials industry.

Why it is not classified as halal: it does not pass these screens: Business Activity, Interest-bearing securities and assets.

Business Activity
100.00%Limit 5%Fail
Interest-bearing debt
0.04%Limit 30%Pass
Interest-bearing securities and assets
158.98%Limit 30%Fail
Dividend purification
76.52%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.

Please login to access this content

Key stats

Please login to access this content

Please login to access this content

Company Profile

Please login to access this content

Frequently asked questions

Quick answers about NioCorp Developments Ltd. (NB). Current Akinda screening label: Not Halal.