Shariah compliance overview
HalalSouthern Copper Corporation (SCCO) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Southern Copper Corporation
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Mexico, the United States, Peru, Brazil, Chile, and Other American countries.
Southern Copper Corporation (SCCO) operates in the Basic Materials sector, in the Copper industry.
Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 1.69% (limit 5%), interest-bearing debt is 6.84% (limit 30%) and interest-bearing securities and assets are 4.91% (limit 30%).
If you hold SCCO, give 1.58% of the dividends you receive to charity to purify the non-compliant share of its income.
- Business Activity
- 1.69%Limit 5%Pass
- Interest-bearing debt
- 6.84%Limit 30%Pass
- Interest-bearing securities and assets
- 4.91%Limit 30%Pass
- Dividend purification
- 1.58%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 Southern Copper Corporation (SCCO). Current Akinda screening label: Halal.
