Is AngloGold Ashanti PLC (AU) Halal?

NYSE Basic Materials United States $45.0B
✓ HALAL
Confidence: 95/100
AngloGold Ashanti PLC (AU) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 4.0% against the AAOIFI threshold of 30%, AngloGold Ashanti PLC 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 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 4.0%
/ 30%
2.6%
/ 30%
1.1%
/ 30%
2.66%
/ 5%
✓ HALAL
DJIM 4.0%
/ 33%
2.6%
/ 33%
1.1%
/ 33%
2.66%
/ 5%
✓ HALAL
MSCI 16.4%
/ 33%
10.8%
/ 33%
4.3%
/ 33%
2.66%
/ 5%
✓ HALAL
S&P 4.0%
/ 33%
2.6%
/ 33%
1.1%
/ 33%
2.66%
/ 5%
✓ HALAL
FTSE 16.4%
/ 33%
10.8%
/ 33%
4.3%
/ 50%
2.66%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
17.2
Forward: 9.0
EPS
$5.18
Dividend Yield
477.0%
Payout: 48.8%
P/B Ratio
5.6
EV/EBITDA
8.5
EV: $46.3B
Beta
0.6
Low volatility
Current Ratio
2.9

Profitability

Gross Margin 49.3%
Operating Margin 48.0%
Net Margin 26.6%
Return on Equity (ROE) 34.4%
Return on Assets (ROA) 18.8%

Cash Flow & Balance Sheet

Operating Cash Flow$2.0B
Free Cash Flow$878M
Total Debt$2.2B
Debt-to-Equity23.0
Current Ratio2.9
Total Assets$13.2B

Price & Trading

Last Close$85.73
50-Day MA$104.62
200-Day MA$76.28
Avg Volume3.0M
Beta0.6
52-Week Range
$31.91
$129.14

About AngloGold Ashanti PLC (AU)

CEO
Mr. Alberto Calderon B.A., BA Econ, Econ, J.D., Law, M Phil Econ, M.A.,
Employees
38,000
Sector
Basic Materials
Industry
Gold
Country
United States
Exchange
NYSE
Market Cap
$45.0B
Currency
USD

AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. It explores for gold, as well as by-products, including silver and sulphuric acid. The company's flagship property includes 100% owned the Geita mine located in the Lake Victoria goldfields of the Geita region in northwestern Tanzania. AngloGold Ashanti plc was incorporated in 1944 and is headquartered in Greenwood Village, Colorado.

Purification Calculator

As a halal stock with 2.66% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is AngloGold Ashanti PLC (AU) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), AngloGold Ashanti PLC 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 AngloGold Ashanti PLC's debt ratio?

AngloGold Ashanti PLC's debt ratio is 4.0% 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 16.4%.

Does AngloGold Ashanti PLC require dividend purification?

Yes, AngloGold Ashanti PLC has an impermissible income ratio of 2.66%, which means 2.66% 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 AngloGold Ashanti PLC's key financial metrics?

AngloGold Ashanti PLC has a market capitalization of $45.0B, trailing P/E ratio of 17.2. The company maintains a gross margin of 49.3% and a net margin of 26.6%. Return on equity stands at 34.4%.

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.