Is ELDORADO GOLD CORP /FI (EGO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 16.1% / 30% | 10.9% / 30% | 3.5% / 30% | 1.85% / 5% | ✓ HALAL |
| DJIM | 16.1% / 33% | 10.9% / 33% | 3.5% / 33% | 1.85% / 5% | ✓ HALAL |
| MSCI | 19.2% / 33% | 12.9% / 33% | 4.2% / 33% | 1.85% / 5% | ✓ HALAL |
| S&P | 16.1% / 33% | 10.9% / 33% | 3.5% / 33% | 1.85% / 5% | ✓ HALAL |
| FTSE | 19.2% / 33% | 12.9% / 33% | 4.2% / 50% | 1.85% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 61.4% | |
| Operating Margin | 45.8% | |
| Net Margin | 27.9% | |
| Return on Equity (ROE) | 12.8% | |
| Return on Assets (ROA) | 7.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $742M |
| Free Cash Flow | -$124M |
| Total Debt | $1.3B |
| Debt-to-Equity | 30.1 |
| Current Ratio | 1.8 |
| Total Assets | $6.7B |
Price & Trading
| Last Close | $33.04 |
| 50-Day MA | $41.46 |
| 200-Day MA | $30.56 |
| Avg Volume | 2.5M |
| Beta | 1.3 |
|
52-Week Range
$15.30
| |
About ELDORADO GOLD CORP /FI (EGO)
Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, and Greece. It primarily produces gold, as well as silver, lead, and zinc. The company holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Quebec, Canada; Olympias located in northern Greece; and Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was incorporated in 1996 and is headquartered in Vancouver, Canada.
Purification Calculator
As a halal stock with 1.85% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is ELDORADO GOLD CORP /FI (EGO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ELDORADO GOLD CORP /FI 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 ELDORADO GOLD CORP /FI's debt ratio?
ELDORADO GOLD CORP /FI's debt ratio is 16.1% 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 19.2%.
Does ELDORADO GOLD CORP /FI require dividend purification?
Yes, ELDORADO GOLD CORP /FI has an impermissible income ratio of 1.85%, which means 1.85% 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 ELDORADO GOLD CORP /FI's key financial metrics?
ELDORADO GOLD CORP /FI has a market capitalization of $6.7B, trailing P/E ratio of 13.4, and revenue of $1.8B. The company maintains a gross margin of 61.4% and a net margin of 27.9%. Return on equity stands at 12.8%.
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.