Is EQX (EQX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 12.4% / 30% | 4.3% / 30% | 0.5% / 30% | 0.6% / 5% | ✓ HALAL |
| DJIM | 12.4% / 33% | 4.3% / 33% | 0.5% / 33% | 0.6% / 5% | ✓ HALAL |
| MSCI | 15.5% / 33% | 5.4% / 33% | 0.6% / 33% | 0.6% / 5% | ✓ HALAL |
| S&P | 12.4% / 33% | 4.3% / 33% | 0.5% / 33% | 0.6% / 5% | ✓ HALAL |
| FTSE | 15.5% / 33% | 5.4% / 33% | 0.6% / 50% | 0.6% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 52.3% | |
| Operating Margin | 27.5% | |
| Net Margin | 12.2% | |
| Return on Equity (ROE) | -0.4% | |
| Return on Assets (ROA) | 3.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $818M |
| Free Cash Flow | $126M |
| Total Debt | $1.6B |
| Debt-to-Equity | 31.7 |
| Current Ratio | 1.6 |
| Total Assets | $10.5B |
Price & Trading
| Last Close | $12.03 |
| 50-Day MA | $15.51 |
| 200-Day MA | $11.51 |
| Avg Volume | 10.0M |
| Beta | 2.3 |
|
52-Week Range
$5.59
| |
About EQX (EQX)
Equinox Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in the Americas. It primarily explores gold and silver deposits. The company was formerly known as Trek Mining Inc. and changed its name to Equinox Gold Corp. in December 2017. Equinox Gold Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.
Purification Calculator
As a halal stock with 0.60% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is EQX (EQX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), EQX 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 EQX's debt ratio?
EQX's debt ratio is 12.4% 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 15.5%.
Does EQX require dividend purification?
Yes, EQX has an impermissible income ratio of 0.60%, which means 0.60% 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 EQX's key financial metrics?
EQX has a market capitalization of $9.9B, and revenue of $1.8B. The company maintains a gross margin of 52.3% and a net margin of 12.2%. Return on equity stands at -0.4%.
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.