Is Antofagasta (ANTO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 14.5% / 30% | 11.7% / 30% | 1.9% / 30% | 1.1% / 5% | ✓ HALAL |
| DJIM | 14.5% / 33% | 11.7% / 33% | 1.9% / 33% | 1.1% / 5% | ✓ HALAL |
| MSCI | 23.6% / 33% | 19.1% / 33% | 3.1% / 33% | 1.1% / 5% | ✓ HALAL |
| S&P | 14.5% / 33% | 11.7% / 33% | 1.9% / 33% | 1.1% / 5% | ✓ HALAL |
| FTSE | 23.6% / 33% | 19.1% / 33% | 3.1% / 50% | 1.1% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 49.9% | |
| Operating Margin | 43.2% | |
| Net Margin | 15.4% | |
| Return on Equity (ROE) | 15.1% | |
| Return on Assets (ROA) | 8.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2.3B |
| Free Cash Flow | -$129M |
| Total Debt | $5.3B |
| Debt-to-Equity | 53.1 |
| Current Ratio | 2.9 |
| Total Assets | $22.6B |
Price & Trading
| Last Close | GBp 3,246.00 |
| 50-Day MA | GBp 3,722.44 |
| 200-Day MA | GBp 2,816.02 |
| Avg Volume | 1.4M |
| Beta | 1.3 |
|
52-Week Range
GBp 1,278.00
| |
About Antofagasta (ANTO)
Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. The company produces copper cathodes and copper concentrates; molybdenum concentrates; and gold and silver by-products. It also provides rail and road cargo services to mining customers in northern Chile. In addition, the company has exploration projects in various countries. It has operations in the United Kingdom, Switzerland, Spain, Germany, rest of Europe, Chile, rest of Latin America, the United States, Japan, China, Singapore, South Korea, Hong Kong, and rest of Asia. The company was incorporated in 1888 and is headquartered in London, the United Kingdom. Antofagasta plc is a subsidiary of Metalinvest Anstalt.
Purification Calculator
As a halal stock with 1.10% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Antofagasta (ANTO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Antofagasta 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 Antofagasta's debt ratio?
Antofagasta's debt ratio is 14.5% 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 23.6%.
Does Antofagasta require dividend purification?
Yes, Antofagasta has an impermissible income ratio of 1.10%, which means 1.10% 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 Antofagasta's key financial metrics?
Antofagasta has a market capitalization of $32.2B, trailing P/E ratio of 32.3, and revenue of $6.6B. The company maintains a gross margin of 49.9% and a net margin of 15.4%. Return on equity stands at 15.1%.
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.