Is ASA Gold & Precious Metals Ltd (ASA) Halal?

NYSE Financial Services United States $1.1B
✗ NOT HALAL
Confidence: 95/100
ASA Gold & Precious Metals Ltd (ASA) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from November 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Asset Management ✗ NOT HALAL
DJIM Excluded — Asset Management ✗ NOT HALAL
MSCI Excluded — Asset Management ✗ NOT HALAL
S&P Excluded — Asset Management ✗ NOT HALAL
FTSE Excluded — Asset Management ✗ NOT HALAL

Financial Highlights

P/E Ratio
1.7
EPS
$35.19
Dividend Yield
10.0%
Payout: 0.2%
P/B Ratio
1.0
Revenue
$672M
Growth: -0.3%
Beta
0.6
Low volatility
Current Ratio
6.3

Profitability

Gross Margin 100.0%
Operating Margin -269.8%
Net Margin 16684.0%
Return on Equity (ROE) 86.0%
Return on Assets (ROA) -0.2%

Cash Flow & Balance Sheet

Current Ratio6.3
Total Assets$1.1B

Price & Trading

Last Close$56.68
50-Day MA$68.88
200-Day MA$49.95
Avg Volume126K
Beta0.6
52-Week Range
$24.00
$83.20

About ASA Gold & Precious Metals Ltd (ASA)

CEO
Mr. Alexander Gabriel Merk
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$1.1B
Currency
USD

ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe. It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals. It also invests in exchange traded funds. The firm employs fundamental analysis with a bottom-up approach to create its portfolios. The firm obtains external research to complement its in-house research. The firm is focused on covering the metals and mining sector. This record reflects the investment preferences or overall investment strategy of ASA Gold and Precious Metals Limited. ASA Gold and Precious Metals Limited was founded in 1958 and is based in Portland, Maine.

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Frequently Asked Questions

Is ASA Gold & Precious Metals Ltd (ASA) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), ASA Gold & Precious Metals Ltd is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is ASA Gold & Precious Metals Ltd's debt ratio?

ASA Gold & Precious Metals Ltd's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are ASA Gold & Precious Metals Ltd's key financial metrics?

ASA Gold & Precious Metals Ltd has a market capitalization of $1.1B, trailing P/E ratio of 1.7, and revenue of $672M. The company maintains a gross margin of 100.0% and a net margin of 16684.0%. Return on equity stands at 86.0%.

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.