Is AGNICO EAGLE MINES LTD (AEM) Halal?

NYSE Basic Materials Canada $97.4B
✓ HALAL
Confidence: 95/100
AGNICO EAGLE MINES LTD (AEM) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 0.3% against the AAOIFI threshold of 30%, AGNICO EAGLE MINES LTD comfortably passes the key financial ratio tests. The company operates in the Basic Materials sector (Gold), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.3%
/ 30%
2.6%
/ 30%
0.2%
/ 30%
0.44%
/ 5%
✓ HALAL
DJIM 0.3%
/ 33%
2.6%
/ 33%
0.2%
/ 33%
0.44%
/ 5%
✓ HALAL
MSCI 0.9%
/ 33%
8.3%
/ 33%
0.6%
/ 33%
0.44%
/ 5%
✓ HALAL
S&P 0.3%
/ 33%
2.6%
/ 33%
0.2%
/ 33%
0.44%
/ 5%
✓ HALAL
FTSE 0.9%
/ 33%
8.3%
/ 33%
0.6%
/ 50%
0.44%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
21.8
Forward: 14.1
EPS
$8.86
Dividend Yield
93.0%
Payout: 18.1%
P/B Ratio
3.9
EV/EBITDA
11.5
EV: $94.2B
Revenue
$11.9B
Growth: 60.3%
Beta
0.6
Low volatility
Current Ratio
2.0

Profitability

Gross Margin 71.9%
Operating Margin 64.7%
Net Margin 37.5%
Return on Equity (ROE) 19.6%
Return on Assets (ROA) 13.2%

Cash Flow & Balance Sheet

Operating Cash Flow$6.8B
Free Cash Flow$4.3B
Total Debt$321M
Debt-to-Equity1.3
Current Ratio2.0
Total Assets$34.5B

Price & Trading

Last Close$187.56
50-Day MA$212.53
200-Day MA$167.16
Avg Volume2.8M
Beta0.6
52-Week Range
$94.77
$255.24

About AGNICO EAGLE MINES LTD (AEM)

CEO
Mr. Ammar Al-Joundi M.B.A., P.Eng.
Sector
Basic Materials
Industry
Gold
Country
Canada
Exchange
NYSE
Market Cap
$97.4B
Currency
USD

Agnico Eagle Mines Limited, a gold mining company, engages in the exploration, development, and production of precious metals. It explores for gold, silver, copper, and zinc. The company's mines are located in Canada, Australia, Finland, and Mexico; and with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States. Agnico Eagle Mines Limited was incorporated in 1953 and is headquartered in Toronto, Canada.

Purification Calculator

As a halal stock with 0.44% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is AGNICO EAGLE MINES LTD (AEM) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), AGNICO EAGLE MINES LTD is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is AGNICO EAGLE MINES LTD's debt ratio?

AGNICO EAGLE MINES LTD's debt ratio is 0.3% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.9%.

Does AGNICO EAGLE MINES LTD require dividend purification?

Yes, AGNICO EAGLE MINES LTD has an impermissible income ratio of 0.44%, which means 0.44% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are AGNICO EAGLE MINES LTD's key financial metrics?

AGNICO EAGLE MINES LTD has a market capitalization of $97.4B, trailing P/E ratio of 21.8, and revenue of $11.9B. The company maintains a gross margin of 71.9% and a net margin of 37.5%. Return on equity stands at 19.6%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.