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Shariah compliance overview

Not Halal

Silverco Mining Ltd. (SICO.V) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Silverco Mining Ltd.

Silverco Mining Ltd. is primarily involved in the search for mineral deposits. The company fully owns the 16,073-hectare Cusi Mine Project, located in Mexico's Chihuahua State.

Silverco Mining Ltd. (SICO.V) 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.

Business Activity
100.00%Limit 5%Fail
Interest-bearing debt
0.00%Limit 30%Pass
Interest-bearing securities and assets
0.56%Limit 30%Pass
Dividend purification
100.00%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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Frequently asked questions

Quick answers about Silverco Mining Ltd. (SICO.V). Current Akinda screening label: Not Halal.