Is IAMGOLD CORP (IAG) Halal?

NYSE Basic Materials Canada $10.5B
✓ HALAL
Confidence: 95/100
IAMGOLD CORP (IAG) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 5.9% against the AAOIFI threshold of 30%, IAMGOLD CORP 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 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 5.9%
/ 30%
3.3%
/ 30%
0.5%
/ 30%
0.35%
/ 5%
✓ HALAL
DJIM 5.9%
/ 33%
3.3%
/ 33%
0.5%
/ 33%
0.35%
/ 5%
✓ HALAL
MSCI 13.0%
/ 33%
7.2%
/ 33%
1.0%
/ 33%
0.35%
/ 5%
✓ HALAL
S&P 5.9%
/ 33%
3.3%
/ 33%
0.5%
/ 33%
0.35%
/ 5%
✓ HALAL
FTSE 13.0%
/ 33%
7.2%
/ 33%
1.0%
/ 50%
0.35%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
15.6
Forward: 7.9
EPS
$1.14
P/B Ratio
2.5
EV/EBITDA
7.9
EV: $10.8B
Revenue
$2.9B
Growth: 131.6%
Beta
2.2
High volatility
Current Ratio
1.7

Profitability

Gross Margin 42.3%
Operating Margin 51.9%
Net Margin 23.3%
Return on Equity (ROE) 19.2%
Return on Assets (ROA) 12.3%

Cash Flow & Balance Sheet

Operating Cash Flow$1.1B
Free Cash Flow$841M
Total Debt$762M
Debt-to-Equity17.9
Current Ratio1.7
Total Assets$5.9B

Price & Trading

Last Close$16.91
50-Day MA$20.39
200-Day MA$13.66
Avg Volume8.7M
Beta2.2
52-Week Range
$5.35
$24.87

About IAMGOLD CORP (IAG)

CEO
Mr. Renaud Adams P.Eng.
Employees
3,741
Sector
Basic Materials
Industry
Gold
Country
Canada
Exchange
NYSE
Market Cap
$10.5B
Currency
USD

IAMGOLD Corporation, through its subsidiaries, operates as a gold producer and developer in Canada and Burkina Faso. The company's flagship project includes Côté Gold that covers an area of 596 hectares located in the Chester and Yeo Townships, district of sudbury, in northeastern Ontario. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.

Purification Calculator

As a halal stock with 0.35% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is IAMGOLD CORP (IAG) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), IAMGOLD CORP 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 IAMGOLD CORP's debt ratio?

IAMGOLD CORP's debt ratio is 5.9% 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 13.0%.

Does IAMGOLD CORP require dividend purification?

Yes, IAMGOLD CORP has an impermissible income ratio of 0.35%, which means 0.35% 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 IAMGOLD CORP's key financial metrics?

IAMGOLD CORP has a market capitalization of $10.5B, trailing P/E ratio of 15.6, and revenue of $2.9B. The company maintains a gross margin of 42.3% and a net margin of 23.3%. Return on equity stands at 19.2%.

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.