Is FIRST MAJESTIC SILVER CORP (AG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.4% / 30% | 7.6% / 30% | 1.0% / 30% | 1.16% / 5% | ✓ HALAL |
| DJIM | 2.4% / 33% | 7.6% / 33% | 1.0% / 33% | 1.16% / 5% | ✓ HALAL |
| MSCI | 6.6% / 33% | 20.7% / 33% | 2.6% / 33% | 1.16% / 5% | ✓ HALAL |
| S&P | 2.4% / 33% | 7.6% / 33% | 1.0% / 33% | 1.16% / 5% | ✓ HALAL |
| FTSE | 6.6% / 33% | 20.7% / 33% | 2.6% / 50% | 1.16% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 55.2% | |
| Operating Margin | 49.0% | |
| Net Margin | 13.1% | |
| Return on Equity (ROE) | 9.3% | |
| Return on Assets (ROA) | 6.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $526M |
| Free Cash Flow | $310M |
| Total Debt | $309M |
| Debt-to-Equity | 9.7 |
| Current Ratio | 2.6 |
| Total Assets | $4.7B |
Price & Trading
| Last Close | $19.32 |
| 50-Day MA | $23.96 |
| 200-Day MA | $14.77 |
| Avg Volume | 25.6M |
| Beta | 2.0 |
|
52-Week Range
$5.19
| |
About FIRST MAJESTIC SILVER CORP (AG)
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties in North America. The company explores for silver and gold deposits. Its projects include the San Dimas silver/gold mine covering an area of approximately 71,867 hectares located in Durango State, Mexico; the Santa Elena silver/gold mine that covers an area of approximately 102,244 hectares located in Sonora State, Mexico; the Los Gatos Silver Mine covering an area of approximately 103,000 hectares located in Chihuahua, Mexico; and the La Encantada silver mine that covers an area of approximately 4,076 hectares located in Coahuila State, Mexico. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.
Purification Calculator
As a halal stock with 1.16% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is FIRST MAJESTIC SILVER CORP (AG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), FIRST MAJESTIC SILVER CORP 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 FIRST MAJESTIC SILVER CORP's debt ratio?
FIRST MAJESTIC SILVER CORP's debt ratio is 2.4% 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 6.6%.
Does FIRST MAJESTIC SILVER CORP require dividend purification?
Yes, FIRST MAJESTIC SILVER CORP has an impermissible income ratio of 1.16%, which means 1.16% 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 FIRST MAJESTIC SILVER CORP's key financial metrics?
FIRST MAJESTIC SILVER CORP has a market capitalization of $10.2B, trailing P/E ratio of 60.8, and revenue of $1.3B. The company maintains a gross margin of 55.2% and a net margin of 13.1%. Return on equity stands at 9.3%.
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.