Shariah compliance overview
HalalNewmont Corporation (NEM) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Newmont Corporation
Newmont Corporation is primarily involved in the mining and exploration of gold resources. Additionally, the company undertakes prospecting for other base and precious metals, including copper, silver, zinc, and lead.
Newmont Corporation (NEM) operates in the Basic Materials sector, in the Gold industry.
Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 0.94% (limit 5%), interest-bearing debt is 7.87% (limit 30%) and interest-bearing securities and assets are 12.32% (limit 30%).
If you hold NEM, give 0.94% of the dividends you receive to charity to purify the non-compliant share of its income.
- Business Activity
- 0.94%Limit 5%Pass
- Interest-bearing debt
- 7.87%Limit 30%Pass
- Interest-bearing securities and assets
- 12.32%Limit 30%Pass
- Dividend purification
- 0.94%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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Company Profile
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Frequently asked questions
Quick answers about Newmont Corporation (NEM). Current Akinda screening label: Halal.
